A Tale of Missing Parts.pdf

Solution to 7 Questions:
Question 1: At first, it seemed that Alan had thoroughly covered everything his forecast needed. Taking into account the timeline, projected profits and more, he had certainly done his research. However, upon closer examination, the missing piece was clear. Somewhere among the numbers and research was missing the budget for materials! Not including this critical number, his forecast was incomplete, leaving a crucial benchmark out of the equation. To complete the forecast, Alan needs to take into consideration the materials costs, lest his numbers be off.
Question 2: Alan had the suspicion that the committee would not approve the project if they had seen the accurate numbers for resources. He asked Keith for an honest figure in order to make an accurate forecast, yet Keith withheld the information to give the project a higher chance of approval. When Alan questioned him later, Keith simply claimed the data had been transferred from elsewhere. By not supplying Alan with honesty, Keith put the project at risk.
Question 3: Every member of IMA is bound by a professional ethical standard of practice. This includes principles expressing our values and...