An IS auditor finds that the cost of developing an application is now projected to significantly exceed the budget. Which of the following is the GREATEST risk to communicate to senior management?
Suggested Answer: B
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36 comments · newest first
CH
Chanel
10 months ago
D is a real risk if costs keep climbing like this!
ME
Meghann
11 months ago
C could lead to bigger issues down the line, though.
LE
Lezlie
11 months ago
Surprised that project abandonment isn't the top concern!
DE
Delpha
11 months ago
I think A is a bigger deal, methodology matters!
BE
Bette
11 months ago
Definitely B, can't waste resources for no benefits!
TI
Timothy
12 months ago
I practiced a similar question where project abandonment was highlighted as a critical risk, so I’m leaning towards that being the right answer here.
RA
Raymon
12 months ago
Increased staff turnover could be a concern, but I feel like it might not be the most immediate risk compared to project abandonment.
CA
Catrice
12 months ago
I think the inability to achieve expected benefits might be the greatest risk since it directly impacts the organization's goals.
JO
Jose
1 year ago
I remember discussing how project overruns can lead to noncompliance with methodology, but I'm not sure if that's the biggest risk here.
AR
Arminda
1 year ago
I'm leaning towards B - inability to achieve expected benefits. That seems like the most critical risk to communicate to senior management in this situation.
TE
Tegan
1 year ago
I think the increased staff turnover could be a significant risk too. If the project is going over budget, that might lead to morale issues and people leaving.
FR
Francesco
1 year ago
Hmm, I'm not sure. Could the risk of project abandonment be the biggest concern here? That would be a major setback.
GO
Goldie
1 year ago
This seems straightforward - the key risk is the inability to achieve the expected benefits, since that's the biggest impact on the organization.
TR
Tresa
2 years ago
Hah, I bet the project manager is sweating bullets over this one. Talk about a career-limiting move if they can't keep those costs in check. Good luck with that!
RI
Ria
2 years ago
C) Increased staff turnover
RO
Rosendo
2 years ago
B) Inability to achieve expected benefits
KE
Keshia
2 years ago
A) Noncompliance with project methodology
YU
Yuki
2 years ago
A) Noncompliance? Really? Who cares about the project methodology when the whole thing is about to implode? B) all the way, baby!
SA
Salena
2 years ago
D) Project abandonment
CE
Cecil
2 years ago
C) Increased staff turnover
TO
Tora
2 years ago
B) Inability to achieve expected benefits
MA
Maricela
2 years ago
A) Noncompliance? Really? Who cares about the project methodology when the whole thing is about to implode?
CA
Callie
2 years ago
Hmm, I'm torn between B) and D). But I think D) is the safest bet - the boss will freak out if we mention the project could get axed entirely. Better to rip the band-aid off, you know?
MA
Malcom
2 years ago
I'd go with B) as well. The CFO will be more concerned about the financial impact than anything else. Gotta keep the shareholders happy, you know?
TA
Tabetha
2 years ago
D) Project abandonment sounds like the most serious outcome if the costs spiral out of control. We should avoid that at all costs!
SH
Shawna
2 years ago
D) Project abandonment
GR
Graciela
2 years ago
C) Increased staff turnover
VI
Vivan
2 years ago
B) Inability to achieve expected benefits
SE
Selma
2 years ago
A) Noncompliance with project methodology
AL
Alpha
2 years ago
B) Inability to achieve expected benefits is definitely the greatest risk here. The business goals are at stake, not just the project timeline or methodology.
AL
Alba
2 years ago
C) Increased staff turnover
NG
Ngoc
2 years ago
B) Inability to achieve expected benefits
GE
Gearldine
2 years ago
A) Noncompliance with project methodology
AN
Antonio
2 years ago
But what about D) Project abandonment? If the cost keeps increasing, the project may be at risk of being abandoned altogether.
NA
Nathan
2 years ago
I agree with Tonja. If the cost exceeds the budget and the benefits are not achieved, it could be a major issue for the project.
TO
Tonja
2 years ago
I think the greatest risk to communicate is B) Inability to achieve expected benefits.