Answer:

Effective community consultation, early on in the project cycle, not only creates ownership (shared responsibility, involvement ) for the project but also plays an important role in conflict prevention; conflicts during project preparation are costly both in terms of delays as well as in projects not approved as a result of conflict among stakeholders
Correct: When conflict management is an explicit element of project preparation, projects or programmes can become contributions towards resolving pre-existing conflicts among stakeholders
Effective conflict management during project execution can prevent delays during execution as well as prevent sub-optimal project performance due to conflicts among stakeholders