Task 1.4: Identify and document high-level risks, assumptions, and constraints based on current environment, historical data, and/or expert judgment, in order to identify project limitations and propose an implementation approach.
A key task performed during project initiation is the preliminary identification and documentation of high-level risks, assumptions and constraints that the project is subject to. This information is very useful in assessing the merits of whether the project should proceed, and if given approval to proceed with the project, this information also informs more detailed planning on how to deal with identified risks, assumptions, and constraints.
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