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OCR: d Table TPC Project Management Tools"-Stakeholders Benefits and Costs PROJECT LEADER PROJECT STAFF TOP MANAGEMENT CLIENTS AND USERS ALL PARTIES Benefits of: · Plan tool Clear task Overview and Ultimate views · Standard language Planning * Means of definitions insight into project of deliverables for project communication * How I fit in management · Identities whole project - Many views areas of risk of project Speeds planning Bentelity of Project monitor * Feedback Controlling · Resource balancing . Sense of control Feedback * Status reports mechanismn a Project? - What-if testing Log of actions mechanismt . Means to conflict resolution Initial Costs * One-time $10,000 # Training time Risk of analysis : Commitment · Learn project to $30,000 a Time away from Setup time paralysis :in time if part time management Tisk removal . One-time cost of discipline $2,000 to $5,000 por user Ongoing Costs. Black hole of :Overhead False signals Locks M errors Only a tool, scope creep of updating not a mind-set project data in tible if part time for solution