A potential consequence of noncompliance is receiving penalties or fines, which can significantly impact the project's budget and timeline, as well as the organization's reputation. While reworking project deliverables or team reassignment might result from noncompliance, these are corrective actions taken in response rather than direct consequences. The dissolution of a project is a drastic potential outcome and not an immediate consequence of noncompliance.
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What are some examples of regulatory standards that project managers need to comply with?
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