Which of the following sources would most likely be responsible for persistent "project cost over-runs"?
A)Rapidly rising inflation
B)Delays in obtaining contracts and permits
C)Lack of raw materials
D)Forecasting bias by the sponsoring manager

Question

Quizplus · Accepted Answer

Forecasting bias by the sponsoring manager can often be a major contributor to project cost over-runs, as it involves unrealistic or inaccurate predictions of project costs and timelines. Inflation, delays in obtaining contracts and permits, and lack of raw materials can all also cause cost over-runs, but they tend to be more temporary or situational factors rather than persistent issues.

Which of the Following Sources Would Most Likely Be Responsible