A bank has decided to initiate a project to transition from serving small businesses and...

 In the context of a project transition, especially one that involves a significant shift in business focus, effective communication is crucial. A communications management plan ensures that all stakeholders are informed about the project’s progress, changes, and challenges. It helps to align the stakeholders, manage their expectations, and address their concerns, which is particularly important when there is disagreement about the need for transformation. The plan should include the types of information to be communicated, the methods of communication, the frequency of communication, and the parties responsible for the communication. References: Project Transition Planning: Process, Checklist, Tools - KnowledgeHut, What Is a Project Transition Checklist? (With Example) - Indeed