Answer:
Step-by-step explanation:
1. Lack of time: Executives may have a lot on their plate already and not have enough time to dedicate themselves fully to a project.2. Fear of failure: Taking ownership of a project can be daunting for some executives, especially if they are unsure of its success.3. Lack of interest: Some executives may not be interested in the particular project or feel that it is not aligned with their personal goals or organizational objectives.4. Lack of expertise: An executive may refuse to function as a project sponsor if they feel they don't possess the necessary skills or knowledge required to lead and guide the project team effectively.5. Responsibility without authority: If an executive is given responsibility for a project but does not have the corresponding authority to make decisions, they may refuse to take on this role.