Abbott Project Management Playbook

• FEP is continually improved to ensure project performance exceeds Stakeholders’ expectations. • Stakeholder feedback and lessons learned feed the FEP continuous improvement process. • FEP identifies the risks to the project and mitigation strategies to help the team deliver successful outcomes. • FEP sets the table for success during execution with preparation of the Plan, proper forecasting, and allocation of resources.

6.7 FEP F EASIBILITY P HASE DEFINITION: What is the Feasibility Phase?

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