The flow of what happens information, when, why and how is so important in a project environment.
It is so important to capture when project information is issued, to whom and for what purpose. All version history should be fully traceable to ensure we can find out why project information has been revised, who modified it and when.
Don't forget to capture all important project correspondence to ensure that you have a full picture of your project.
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Never underestimate the importance of effective Document Control. This information is vital as it leads to a system of accountability and collaboration!