The Hidden Costs Of Unsustainable Project Practices [Forbes]
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Source: Forbes
For years, businesses have viewed sustainability as a box to check—a marketing play, a feel-good initiative or something to address once all the “real” work is done. But companies that see sustainability as an added cost are missing the bigger picture. The true cost of unsustainable project management isn't always obvious—it's lurking in project delays, bloated budgets, supply chain disruptions, regulatory penalties and reputational damage. At its core, project management is about delivering value efficiently. And when sustainability is left out of the equation, projects can become more expensive, riskier and—quite frankly—less competitive. Here's how the hidden costs of unsustainable project management can add up: The Financial Sinkhole: Wasted Resources, Rework And Inefficiency Let's talk numbers. Every project has a budget, but unsustainable projects often cost more than anyone initially realizes. Poor planning can lead to wasted materials, rework and inefficiencies that blo
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