At the beginning of each year, an organization has an annual meeting to propose and approve projects for the upcoming year. Managers will typically follow the process of:
a) Presenting ideas of the projects
b) Defining the benefits
c) Producing the estimations
d) Giving the benefit/cost ratios
A set budget is then approved for each project based on the expected returns. What are the risks of this process? (choose the best answer)
Over a million customers use ABC company's product. ABC recently implemented and released a particular feature that they believed would be widely adopted by the users. After gathering enough data from the test, it is concluded that the feature functions as intended however the usage rate was surprisingly low.