In a departmental staff meeting, the compliance officer of a U$.$S$.$ medical records company announced a new project to expand the online records database by converting several years of hard copy archives to digital information. They assigned a project manager, and initial time and cost estimates were created. The project was quickly underway. The PM soon realized that a key stakeholder had not been consulted during planning, and several critical requirements for the conversion had been overlooked. Senior Management, belatedly made aware of the project, also questioned its importance and reassigned one of the key team members to a high profile project that satisfied important strategic goals for the organization. Which of these statements about the project's success or failure is not true?