Isaca Certified in Risk and Information Systems Control CRISC Question # 275 Topic 28 Discussion
CRISC Exam Topic 28 Question 275 Discussion:
Question #: 275
Topic #: 28
An organization has initiated a project to launch an IT-based service to customers and take advantage of being the first to market. Which of the following should be of GREATEST concern to senior management?
A.
More time has been allotted for testing.
B.
The project is likely to deliver the product late.
C.
A new project manager is handling the project.
D.
The cost of the project will exceed the allotted budget.
Being the first to market is a competitive advantage that can help an organization gain market share, customer loyalty, and brand recognition. However, this advantage can be lost if the projectis delayed and the competitors catch up or surpass the organization. Therefore, the project delivery time is of greatest concern to senior management, as it directly affects the strategic objective of the project. The other options are less critical, as they can be managed or mitigated by the project team. More time for testing can improve the quality and reliability of the product, a new project manager can bring fresh ideas and perspectives, and the cost overrun can be justified by the expected benefits and revenues of the product. References = Project Initiation: The First Step to Project Management [2023] • Asana, 12 Steps to Initiate and Plan a Successful Project
Contribute your Thoughts:
Chosen Answer:
This is a voting comment (?). You can switch to a simple comment. It is better to Upvote an existing comment if you don't have anything to add.
Submit