Question

Read the following scenario: an important piece of a project is past the due date. identify the possible risks to the project. business ethics and copyright violation ideas and creativity policies and procedures budget and time

Answer 1

Possible risks to a project when an important piece is past the due date include delays, financial impact, and reputation damage.

Step-by-step explanation:

The possible risks to a project when an important piece is past the due date include:

• Delays in the overall project timeline and potential failure to meet project goals
• Negative impact on budget and financial resources, as additional costs may be incurred to expedite the completion of the delayed task
• Reputation damage for the project team or organization, as stakeholders may lose confidence in their ability to deliver on time

Missing a critical project deadline can lead to project cancellation, revenue loss, competitive disadvantage, budget overruns, and loss of stakeholder trust. Engineers, while multitasking, must adhere to policies and procedures to avoid these risks and maintain ethical practices, especially regarding emerging technologies and project reporting.