Do you agree with the posted below? why? pls explain a short paragraph

What is the importance of building trust for project success?

Trust is a belief that an individual believes in the efforts and skills of the project team and acknowledge project parameters. Trust must be developed with the project team and clients as well as within the project team, staff, and the managers.

Nowadays, trust is part of the project management procedure. Trust is the basic key to the project accomplishment and success in various departments of a certain project. There are a few points of project management that are directly or indirectly related to trust, which may also impact the efficiency of a project.

• Fluent communication between the project team and the clients to maintain trust
• Relationship contracts or contract related to the management is more feasible, so we ma trust contractor and further contractor can trust his customer.
• Developing finance saving methods and providing fair compensation to respective clients.
• The project team can work more effectively if the staff trust each other completely.
• Making the basic needs of the clients prominent and developing open communication among them.
• Each member of the team must come up with honest opinions and active participation in each task.
• Regular generating of reports for clients to attain trust.
• If the team has an element of trust, then project managers can work more effectively and expand this value to customers and the suppliers.
• Trust among the managers and aligning work accordingly can attract stakeholders.

Being a project manager is considered a vital element to develop trust among the team as it may result in the expected output and success can be achieved regardless of its type, scope, and length. This fact should be kept in mind trust at professional or even at the personal level always payback with benefits either in the monetary terms or even in future-oriented decisions related to the project. In short, a project management task may begin or ends well if and only if the trust element is there within the team and as well as the clients and project managers. Few benefits of developing trust for the successful project are enlisted as under:

• Increasing the production of product or service
• Effective communication among clients and managers
• Beneficial developments, innovations, and plan implementation
• Good liability
• Liquidity in tasks
• Professional as well as personal relationships