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Questions and Answers
What is a common problem with managing multiple projects?
What is a common problem with managing multiple projects?
- Efficient use of resources
- Bottlenecks in resource availability (correct)
- Delays in one project do not affect others
- Projects are always completed on time
What percentage of projects are canceled midstream?
What percentage of projects are canceled midstream?
- 40%
- 30% (correct)
- 20%
- 10%
Projects often come in up to _____ over budget.
Projects often come in up to _____ over budget.
190%
Projects can be up to _____ late.
Projects can be up to _____ late.
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Study Notes
Problems With Multiple Projects
- Delays in one project will delay others.
- Resources are used inefficiently.
- Bottlenecks result from a lack of resource availability.
Project Results
- 30% of projects were canceled midway through.
- More than half of completed projects went over budget by as much as 190%.
- More than half of completed projects were up to 220% late.
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