Marlon - the project manager for a project whose deliverable was to launch a new electric vehicle at the cheapest price in Nigeria in 2nd quarter of year 2022. Marlon and his team were able to meet the scope, quality and schedule requirements. Also, the project objective to make the electric vehicle at the cheapest targeted price as outlined in the project business case too was achieved. This project also fulfilled the multiple vendor's contract's terms & conditions. However, the other competitor has launched the electric vehicle 10% cheaper than what is made by Marlon's team. And this competitor's vehicle is selling more units than Marlon's team's vehicle. This resulted in lower than expected ROI on Marlon's project. Can Marlon's project be considered as

"success"?

A. Yes, Marlon's project was able to fulfill the multiple vendor's contract's terms &

conditions. If the market environment changed before the project completed and it has resulted in diminishing the profits expected from Marlon's project - this cannot be termed as project failure.

B. Yes, Marlon's project was able to meet the scope/budget/schedule - and Marlon and team did what they were asked to do. If the market environment changed before the project completed and it has resulted in diminishing the profits expected from Marlon's project - this cannot be termed as project failure.

C. No, while Marlon's project was able to meet the scope/budget/schedule - from a business point of view, it is unsuccessful as there was a change in market environment before the project completed and it has resulted in diminishing the profits expected from Marlon's project.

D. None of these