The organization wants you to manage a project with a very a

The organization wants you to manage a project with a very a - PMP Prep

Question

The organization wants you to manage a project with a very aggressive timeline. You have done an initial assessment of the statement of work, the timeline, resource availability, and the budget. Based on this information you have reported back to senior management at their aggressive timeline is a fiction and it will be impossible to meet given the scope of work. Senior management then asks you what the most effective project phase approach would be employed to compress the timeline given that the project is fraught with many uncertainties, risks and is something that the organization has never tried before. The most likely response you would give to address this situation is:

Answers

You recommend the overlapping phase approach. This would allow work on a subsequent phase to start before the predecessor phase had completed
You recommend an iterative approach. It helps reduce complexity and is useful when partial delivery of a product is beneficial to the stakeholders
You recommend the inverse-evolutionary phase approach. Since his project sounds more like an R&D project you have no idea what the real scope is or when you will be done. Innovation cannot be timed on a punch clock
correct

You recommend the adaptive phase approach. It addresses high-change, high-risk, high uncertainty projects effectively.

Explanation

The correct answer is d.

Given that the project has many uncertainties, risks, and is something the organization has never tried before, the adaptive phase approach (often used in Agile methodologies) is the most appropriate. This approach is ideal for projects with high complexity, uncertainty, and risk, as it allows for flexibility, frequent adjustments, and continuous feedback from stakeholders. The adaptive approach breaks the project into smaller, manageable parts (iterations or increments), enabling the team to adapt to changes more easily while managing risks and uncertainties as they arise.

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