Establishing a detailed project management plan before initiating a digital project like ArtSphere is crucial for several reasons, but the most comprehensive answer would be:
To identify potential risks and prepare mitigation strategies.
This aspect lays the foundation for effective project management by anticipating problems before they occur, thus enabling the team to formulate strategies to mitigate those risks. While the other options are also important benefits of a project management plan (such as ensuring compliance, staying within budget, and securing funding), identifying risks and having contingency plans is foundational to the success of any project. Proper risk management helps in making informed decisions that can impact the project's trajectory significantly.