Question

What are the 3 problems that occur when project selection is not open and transparent?

1) Lack of accountability and fairness
2) Decreased stakeholder trust
3) Inefficient resource allocation
4) Increased project success rate

Answer 1

When project selection is not open and transparent, it can lead to a lack of accountability, decreased stakeholder trust, and inefficient resource allocation.

Step-by-step explanation:

When project selection is not open and transparent, three problems can arise:

Lack of accountability and fairness: Without open and transparent project selection processes, there is a risk of bias and favoritism, leading to a lack of accountability and fairness in decision-making.

Decreased stakeholder trust: When project selection is not transparent, stakeholders may question the motives behind project choices, resulting in decreased trust in the organization.

Inefficient resource allocation: Without open and transparent project selection, resources may be misallocated, leading to inefficiencies and wasted resources.