1. Name three characteristics of the Cost Model of project management.
2. Which characteristics of the Cost Model might result in a “silo” approach to initiating projects?
3. Most functional executives believe that the “silo” approach is good for them. It allows them to have autonomy over which projects they approve and initiate. Using Figure 4.3, explain to a vice president of manufacturing why the “silo” approach may not work well for the organization.
