Answered step by step
Verified Expert Solution
Question
1 Approved Answer
During a project team meeting, a risk manager realizes that the initial assumptions on the project schedule are too optimistic. The risk manager believes that
During a project team meeting, a risk manager realizes that the initial assumptions on the project schedule are too optimistic. The risk manager believes that the project might not meet its deadline as initially stated What is the reason for misunderstanding the assumptions from the beginning? The sponsor had neither presented the actual results to the stakeholders nor updated the initial assumptions. The team's compensation was reduced and they lost the motivation to comply with the project deadline. The stakeholders prepared the initial schedule assumptions based only on the results of the last project. Government regulations have changed in the last week, and now additional approval processes are required
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started