What is a major goal of implementing risk management strategies?

A major goal of implementing risk management strategies is to prevent delays and control costs. Effective risk management involves identifying potential risks that could impede project progress or incur additional expenses. By addressing these risks proactively, project managers can develop contingency plans and mitigation strategies that minimize disruptions. This ensures that the project stays on schedule and within budget, which are critical factors for overall project success.

While minimizing worker hours on-site and ensuring aesthetic appeal might contribute to certain facets of project management, they do not encapsulate the broader objectives of risk management. Similarly, determining project timelines is an important aspect of project planning but is not directly aligned with the overarching goals of risk management, which focuses on maintaining control over unforeseen events and expenses.