You are the project manger at a leading manufacturer of consumer electronics, personal computers and peripherals. Unfortunately, your company is facing a rapidly maturing market characterized by consolidation and commoditization. Hence you have been assigned a project to drive growth and profit by integrating an online CRM (costumer relationship management) solution. Industry benchmarks suggest the CRM solution should generate $100-$300M in bottom the benefits.
The project timeline is very aggressive and a lot is at stake with this project. Hence every week you report on the progress and status of the project to all the stakeholders and project sponsors. Your project team has already completed the project initials and project planning activities and received sign off and approval on the project charter, project scope and detailed work packages. Your project team is in the process of completing all the work packages. The project time line is very aggressive and your project has a SPI of 1.2 and CPI of1.3. Final review of the project deliverables have been scheduled for the end of the months.
Unfortunately as your project near completion you are informed that your project is being cancelled since the resulting product is unacceptable and does not meet the business needs of the organization. Which of the following is most likely cause of this scenario?
A. The project status was not properly communicated to the interested parties
B. Your project resources were required on the higher priority project
C. The project was behind schedule and plagued with cost overrun
D. The project charter did not provide enough detail regarding the project goals prior to sign off
E. A key stakeholder is not sufficiently involved in the project
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