Failure to clearly define and agree on the project's MOV may lead to a runaway or perpetual project.

Name: Failure to clearly define and agree on the project's MOV may lead to a runaway or perpetual project.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

MOV (Measurable Organizational Value) is a critical component of project success. If the MOV is not clearly defined and agreed upon by all stakeholders, the project may continue indefinitely without clear direction or purpose, leading to a perpetual or runaway project.

Failure to Clearly Define and Agree on the Project's MOV