Answer to Question #178579 in Management for Mir Wais Milizai

Question

In your opinion being project management professional, what were three major follies those failed the enterprise to leverage “quantum leap”, phenomenon of the project leading to bankruptcy? 

Answer 1

Answer

The three significant irrationalities or follies that fail a company in controlling its project are built on the prediction models quantitative information and some company's underlying factors as drafted by the professional management. This model identifies the most significant reasons that result in the bankruptcy of a company. They include; low profitability and related to assets and commitments, low equity returns, dividend and capital, inferior liquidity and high variability of income.