Subject category:
Human Resource Management / Organisational Behaviour
Published by:
Ivey Publishing
Version: 2002-03-13
Length: 15 pages
Data source: Field research
Abstract
The general manager must determine how to contend with a project overrun. The team had been working on their project for more than two years. In their presentation of the projected budget and schedule to the executives, the team identified a potential $1 million overspend in order to satisfy their contract. Their original budget was $3.5 million, of which $2.5 million was provided by the company. When the general manager questioned team members during the presentation about what had caused the overrun, he was amazed that the team was unable to respond. There is a simplified Chinese version available ''9A96CC13''.
About
Abstract
The general manager must determine how to contend with a project overrun. The team had been working on their project for more than two years. In their presentation of the projected budget and schedule to the executives, the team identified a potential $1 million overspend in order to satisfy their contract. Their original budget was $3.5 million, of which $2.5 million was provided by the company. When the general manager questioned team members during the presentation about what had caused the overrun, he was amazed that the team was unable to respond. There is a simplified Chinese version available ''9A96CC13''.