Which of the following is NOT true about fee projections?

The statement that fee projections are typically the last task to be completed is not true. In the context of project management, fee projections are a critical component that often needs to be addressed early in the project planning process. Accurate fee projections provide direction for budgeting, help manage client expectations, and influence the final fee agreement. By projecting fees early, the project manager can make adjustments, negotiate with the client, and align resources accordingly before finalizing contracts and agreements. Therefore, it is essential for fee projections to be conducted proactively rather than at the end of the project, ensuring that all parties have a clear understanding of the anticipated financial commitments from the outset.