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

question 43

Multiple Choice

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, if true, would most strongly suggest that the problems attributed to controlling were actually caused by planning failures?

• A) The team assignments in the project plan placed two employees on the Quality Control team despite their long history of hostility toward each other.
• B) The problems attributed to controlling were typical of the problems experienced by other project leaders in the industry.
• C) The project plan called for all possible component providers to produce components at their maximum capacity.
• D) The list of problems attributed to controlling also included the failure to adequately monitor production output.
• E) Even the most effective planning would not have made the project a success given the failures attributed to controlling.

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Definitions:

Profit Margin

A financial metric representing the percentage of revenue that remains as profit after accounting for the cost of goods sold and other expenses.

Net Realizable Value

The estimated selling price of goods minus the cost of their sale or completion and any necessary transportation costs.

Floor Constraint

The minimum value that recognized revenue can fall to due to constraints in revenue recognition, ensuring that reported revenue is not understated.

Holding Gains

Represents the increase in value of an investment or asset that an entity holds, realized when the asset is sold for more than its purchase price.