CHALLENGE 28: OVERSPENT PROJECTS
Assume you are taking over a project with little or no transition, since your counterpart left early. After running that project for a couple of weeks, you have to submit a financial report. You notice that your project is already over spent. Now you are in a fix, you cannot progress with the project before getting more budget from management. What you are supposed to do now?
Is it really viable to progress with your project?
Having found out that your project has overspent, you should first discuss whether it is viable to continue with the project. Identify how over spent the project is, what business benefits are yet to be achieved, and how far from the finish line you are. After you do the simple maths, you ...
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