Question

Factors affecting project progress include each of the following except?

1) cost of each phase.
2) value chain assessment during each phase.
3) resource allocation in each phase.
4) amount of materials utilized in each phase.

Answer 1

The factors that affect project progress; cost, resource allocation, and amount of materials used directly influence project development, while value chain assessment does not affect the measurable progress of project phases.The correct answer is 2) value chain assessment during each phase.

Step-by-step explanation:

The factors affecting project progress include a variety of elements that can either accelerate or decelerate the development and completion of the project.

Factors such as the cost of each phase, resource allocation in each phase, and the amount of materials utilized are all directly related to how well a project progresses. These factors are intertwined with the budgeting, planning, and execution of project tasks.

However, the option stating "value chain assessment during each phase" does not directly affect the actual progress of the project's development.

The value chain assessment is more about understanding the full scope of activities that create value in the product development process and often pertains to creating competitive advantage and customer value rather than the measurable progress of the project phases themselves.