Impact analysis is a systematic process for evaluating the potential consequences of changes or decisions within a project or organization, helping foresee project hurdles.
Impact analysis helps assess the situation to understand potential consequences and negative impacts, aiding better planning through seen and unforeseen challenges.
Without conducting an impact analysis before starting the project, the team is left unprepared to handle changes that are likely to occur during its course.
Changes in project objectives have turned out to be one of the more prominent causes of project failure in recent years, making impact analysis critical.
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