Question: Amir was surprised when his eight year, multi billion dollar rate, quote, issuance system project was prematurely terminated after the CEO who championed it died

Amir was surprised when his eight year, multi billion dollar rate, quote, issuance system project was prematurely terminated after the CEO who championed it died suddenly and the new CEO decided the cost was too high and rerouted the project's funds to other high priority projects she thought were more important. Amir's experience is an example of which of these common reasons for project termination?
Amir was surprised when his eight year, multi billion dollar rate, quote, issuance system project was prematurely terminated after the CEO who championed it died suddenly and the new CEO decided the cost was too high and rerouted the project's funds to other high priority projects she thought were more important. Amir's experience is an example of which of these common reasons for project termination?
Change of market needs.
Competing projects become a higher priority.
Severe schedule delays.
Technical issues that cannot be resolved.

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!