"Time is one of the major characteristics of projects in that, unless there is an articulated compelling, official and public announced deadline, there is a good chance that the project will be delivered later than originally planned. Delays in project mean, besides extra costs, a loss of benefits and expected revenues, both having a tremendous negative impact on the business case of the initiative. A project without a deadline should not be considered a project - better call it an experiment, an exploration or daily business activities."
Trecho retirado de "The Project Revolution" de Antonio Nieto-Rodriguez
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