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As a project manager I usually don't care about when something happens, what I do care about is predictability.

Knowing (with fair warning) that something is going to be late lets me set the right expectations. With a month to go I can usually persuade a customer to slip a week because something just needs needs more time. I can also reconsider my time estimates for future jobs to make sure that in future the engineers get the time they need.

What I can't do is keep promising delivery "tomorrow" to external people, because I just found out today that you won't be done on time. That's bad for everyone.

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