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Mismanaged project management can lead to _____ of wasted dollars (USD) every year for organizations around the world.

1 Answer

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Answer: $2 trillion

Step-by-step explanation:

Research shows that organizations around the world waste around $1 million every second due to them being unable to efficiently implement business strategy.

When added up, this brings the estimate to about $2 trillion every year which is almost half of the U.S. Federal budget in 2020. It is therefore important that companies prioritize efficient management and use of resources so that less money is wasted.

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