When is a project considered a failure?

Determine whether the statements on project failure in the table below are correct or incorrect.

No.	Statements	Correct/Incorrect
1	A project becomes a failure when it does not deliver what was required within the agreed-upon budget, time and performance
2	The stakeholders decide if the project was a success or a failure based on their judgment and satisfaction with the outcome
3	Lack of resource planning is not a cause for project failure
4	Scope creep happens when either the parameters of the project were not well-defined from the outset or there's pressure either internally from the team or externally from customers or bosses to take on tasks that were not part of the original project plan.
5	As aproject manager, it's absolutely essential to gain a clear picture of what your team can accomplish and in what time frame. Once you have aligned your expectations with reality, you must communicate them to the customer and often to your bosses.
6	Beyond the method of communication in a project, make sure to set clear expectations and guidelines on the kinds of information that need to be communicated.