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Louie928 Louie928
wrote...
Posts: 1740
3 years ago
Why are projects often underfunded in the concept stage?
Textbook 

Project Management: Achieving Competitive Advantage


Edition: 4th
Author:
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Yuppp
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Answer verified by a subject expert
flammableflammable
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Top Poster
Posts: 1728
3 years ago
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  Projects lack resource support in the concept stage for a number of reasons including:
The project's goals are deliberately vague.
The project lacks a top management sponsor.
The project requirements were deliberately understated.
There are other projects under development competing for the same scarce resources.
An attitude of distrust exists between top management and project managers.

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wrote...
3 years ago
Right on time! Thank you for the help
Yuppp
wrote...
3 years ago
Excellent! Have a Merry Christmas Slight Smile
wrote...
A month ago
Why projects are often underfunded in the concept stage?

I need to answer this with 300-500 words.
wrote...
A month ago
Why projects are often underfunded in the concept stage? I need to answer this with 300-500 words.

The answer to this question gives you 5 ideas to write your response. Now according to this question: https://biology-forums.com/index.php?topic=375396.0 it states that the answer is The project requirements were deliberately understated. Perhaps that's another point you can include in your reasoning
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