The Post-Project Review of the Alpha Supplement Project Is Complete

question 84

Short Answer

The post-project review of the Alpha Supplement project is complete. It found failures in planning. Too much time was budgeted to market research, leaving not enough time for product development and quality assurance. As a result, the project could not have succeeded even if the project had been run perfectly. But there were other problems as well. Constant conflicts between team members demonstrated a failure of leadership. Finally, there were failures in controlling. When component providers failed to deliver, project leaders did not locate and train new providers in time.
Which of the following is MOST strongly suggested by the statements above?
Most of the conflicts between team members concerned questions of roles and determining who had the authority to make decisions.
There were no actions that the project leaders could have taken that would have solved the controlling problems of the Alpha Supplement project.
The insufficient time allocated for product development was the only failure related to planning.
If the project leaders had located alternate component providers, the Alpha Supplement project still would have failed.
The failure of the Alpha Supplement project will make it more difficult for other projects to be approved.

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Definitions:

Real Future Value

The measure of the future value of an investment or stream of cash flows, adjusted for inflation, to reflect the actual purchasing power of that future amount.

Inflation

The rate at which the general level of prices for goods and services is rising, and subsequently, purchasing power is falling.

Deposit Insurance

Deposit Insurance is a protection scheme for bank depositors that guarantees the safety of deposits in member banks, up to a certain limit, in the event of a bank failure.

Moral Hazard

A situation in which one party is more likely to take risks because they do not have to bear the full consequences of their actions, often seen in insurance and finance.