Bayt.com

Start networking and exchanging professional insights

Register now or log in to join your professional community.

Follow

A situation where managers or executives initiate an overly ambitious project which then fails is known as:

1. IRR Factor

 

2. Icarus Factor

 

3. Project Charter Failure

 

4. Calculation Error

Project Finance Cash Flow Forecasting Financial Reporting Financial Systems Feasibility Studies
user-image
Question added by Shahbaz Hayder , Group Head of Finance , Sharif Group of Companies
Date Posted: 2015/06/15
Upvote (1) Views (6) Followers (4) Answers (4) Report Question
Write an Answer
Register now or log in to answer.
Shahbaz Hayder
by Shahbaz Hayder , Group Head of Finance , Sharif Group of Companies

Option2 is the right answer.

Ahmed Hassanin CMA
by Ahmed Hassanin CMA , Financial Planning and Controlling Manager , Methode Electronics

2. >>>>>>>>>>>>Icarus Factor

Shazia Anees
by Shazia Anees , Assistant Manager Finance , Arham Trading Company

3. Project Charter Failure=============

Bilal Bilal Ashraf
by Bilal Bilal Ashraf , Assistant Accountant and Office Admin , Hamdaani Food Company

In my opinion this situation comes when management made big errors in calculation so option4 is answer.

Write Your Answer
More Questions Like This