American InterContinental University Project Cost and Time Management Discussion

I’m working on a business discussion question and need support to help me learn.

A project manager cannot make sound decisions without an accurate picture of the project’s current state. If the project manager’s actions are not based on the most accurate information, then those actions may not be the most appropriate for the given situation.

Describe a time when project cost and scheduling affected business operations, and explain which phase (project cost or scheduling) had the most effect on business operations.