1. Scope CreepA project manager is required by executives to skip scope management due diligence and accept expanded scope without extra time or resources. The project manager highlights the risks and accepts on a best effort basis.
2. Asset SalesA real estate agent agrees to represent a difficult to sell asset such as an old warehouse that requires renovations. The agent specifies in the contract the risks that the asset can't be sold and state that they will represent the property on a best effort basis.
|Overview: Best Effort Basis
An agreement to attempt a task that's likely to fail with the acknowledgement that success is not guaranteed.