AACE members should advise their supervisors or clients when a project is deemed what?

When a project is deemed unlikely to succeed, it is critical for AACE members to communicate this to their supervisors or clients. This concept emphasizes the importance of proactive risk management and transparency in project management practices. By addressing potential issues early on, stakeholders can make informed decisions, implement necessary adjustments, or potentially halt a project before further resources are committed.

Expressing concerns about a project's likelihood of success allows for a responsible evaluation of goals, timelines, resources, and strategies. This approach not only protects the project team from pursuing unrealistic objectives but also safeguards the interests of clients and the organization as a whole. A project that is unlikely to succeed may indicate a misalignment of expectations, a lack of necessary resources, or other underlying issues that, if addressed early, could lead to a more favorable outcome.

In contrast, while being over budget or too complex are also significant concerns, they don't encapsulate the broader implications of overall project success in the same manner. Not being innovative, while potentially relevant to certain projects, does not necessarily impact the fundamental probability of the project achieving its outlined goals. Thus, the emphasis on likelihood of success encompasses a wider range of project dynamics and risk factors that are crucial for AACE members to communicate effectively.