Question

When a project starts with a high priority but it is canceled because its rank erodes or crashes during its project life cycle. This is an example of what type of project closure?

1) Premature
2) Changed priority
3) Failed project
4) Perpetual
5) Normal

Answer 1

A project that starts with high priority but is canceled due to an erosion of its rank or a shift in organizational focus is an example of a Changed Priority project closure. This reflects a realignment of the organization's strategic objectives or external factors impacting the original reason for the project's importance.

Step-by-step explanation:

When a project starts with a high priority but is canceled because its rank erodes or crashes during its project life cycle, this is an example of a Changed Priority project closure. This type of closure occurs when the project is no longer aligned with the strategic goals of the organization or there are shifts in market conditions, technological advances, or budgetary constraints resulting in a realignment of priorities. It is important to note that Changed Priority closure is not the same as a Failed Project, which suggests an inability to deliver the predefined project outputs.