A business reality that makes effective project management critical is the fact that:
A)Products are becoming increasingly simple.
B)Inflation is rampant.
C)Product life cycles are compressing.
D)Product launch windows are widening.

Question

Quizplus · Accepted Answer

With markets and industries becoming more and more competitive, companies are constantly looking to release new products more quickly to stay ahead of the clutter. This shortening of the product life cycle makes effective project management even more critical as it ensures that the product delivery timeline is met with the desired features, quality, and budget.

A Business Reality That Makes Effective Project Management Critical Is