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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

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Question ajoutée par Shahbaz Hayder , Group Head of Finance , Sharif Group of Companies
Date de publication: 2015/06/15
Shahbaz Hayder
par Shahbaz Hayder , Group Head of Finance , Sharif Group of Companies

Option2 is the right answer.

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

2. >>>>>>>>>>>>Icarus Factor

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

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

Bilal Bilal Ashraf
par 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.

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