A situation where managers or executives initiate an overly ambitious project which then fails is known as:

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1. IRR Factor

2. Icarus Factor

3. Project Charter Failure

4. Calculation Error

Question ajoutée par Shahbaz Hayder , Group Head of Finance , Sharif Group of Companies
Date de publication: 2015/06/15

Apprécier (1) Vues (6) Suiveurs (4) Réponses (4) Report Question

par Shahbaz Hayder , Group Head of Finance , Sharif Group of Companies

Option2 is the right answer.

par Ahmed Hassanin CMA , Financial Planning and Controlling Manager , Methode Electronics

2. >>>>>>>>>>>>Icarus Factor

par Shazia Anees , Assistant Manager Finance , Arham Trading Company

3. Project Charter Failure=============

par Bilal Bilal Ashraf , Assistant Accountant and Office Admin , Hamdaani Food Company

In my opinion this situation comes when management made big errors in calculation so option4 is answer.

You work for a large manufacturing plant. Your firm is thinking of initiating a new project to release an overseas product line. This is the?
Top Answer: The project manager should document the business need for the project and recommend that a feasibilty stu ... Voir Plus

Réponses (5)
The document that is proof of upper management’s commitment to the project & gives the authority to manage the project to the PM is called: ?
Top Answer: The project charter is the document that proof of upper management commitment to the project and gives th ... Voir Plus

Réponses (1)
When should a project manager be assigned to a project?
Top Answer: A project manager should be assigned to a project as early as possible in order to ensure that the projec ... Voir Plus

Réponses (3)
What is the definition of project failure? Why do projects fail?
Top Answer: <p>Poor managment reflects on the preformance of the project. Having the right team of qulified Eni ... Voir Plus

Réponses (20)

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