Discover effective techniques to analyze competitor offerings and implement strategies to ensure your project’s success.
Table of Contents
Question
After meeting with stakeholders, a project manager working at a computer gaming company is creating a project management plan for the company’s newest offering. The project manager learns that the company’s main competitor is scheduled to release a similar offering leveraging the newest technology. The project manager fears that the competitor’s offering is better in multiple ways compared to the project manager’s project.
What should the project manager do?
A. Meet with the project team to discuss the concerns and determine how to ensure the project’s deliverable can compete with the competitor’s.
B. Note this concern in the risk register and meet with the sales team to identify mitigation options factoring in the competitor’s offerings.
C. Perform a Kano analysis factoring in the competitor’s offering and present it to the stakeholders.
D. Meet with the development team to see what changes will improve the project compared to the competition’s deliverable.
Answer
A. Meet with the project team to discuss the concerns and determine how to ensure the project’s deliverable can compete with the competitor’s.
Explanation
Collaboration with the project team is crucial to brainstorm and formulate strategies to enhance the project’s competitiveness. The team’s collective expertise and insights can identify potential improvements, adjustments to the scope, or innovative solutions to surpass the competitor’s offering.
PMI PMP certification exam practice question and answer (Q&A) dump with detail explanation and reference available free, helpful to pass the PMI PMP exam and earn PMI PMP certification.