**Misperception of the specifications

Here is an example of a risk with a high potential impact. An error or a misunderstanding on

the specifications can have many devastating consequences on a given project.

It can jeopardize the output quality of a project which will not live up to your customer's
expectations. Since competition makes customer loyalty paramount, you can't afford to repeat
such mistakes, and all must be done to prevent them, even if the error's impact on your
resource utilization and deadlines is kept minimal.

To overcome this challenge, there is a need for consistency in the tools used to plan your
projects. The best practice will be to set up verification processes, for all important aspects of
your projects, using features such as custom fields. In that regard, creating thorough project
templates can facilitate the implementation of best practices.