Before staring any new project, one should assess probability of its completion, possibility of its execution and presence of adequate resources. Then the concerned people who are to be inducted into the project must be called in for discussion about it. Without all these it will be hard to start the project itself, and there will be a much more probability of incurring loss in the project. So, one should have forethought in starting a project.
June 26, 2009
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