Learn how to select the most suitable project approach for different scenarios in the PMP exam. Understand the differences and benefits of Scrum, predictive, and stage gate project management methods.
Table of Contents
Question
A project for a new product launch is in a very initial stage and the requirements are evolving. Due to stiff competition in the market, the customer would like to launch the product keeping the scope flexible. The project team intends to start the work based on the forecast of a similar project delivered last year.
Which project approach suits the scenario?
A. Execute it as a Scrum project
B. Execute it as a predictive project
C. Execute it using the same approach as the reference project
D. Execute it as a project with stage gates
Answer
A. Execute it as a Scrum project
Explanation
Explanation: Scrum is an adaptive project management framework that allows for flexibility and responsiveness to changing requirements. It is suitable for projects with high uncertainty and complexity, where the scope is not fixed and the customer needs are evolving. Scrum delivers work in small increments, called sprints, and gets frequent feedback from the customer to ensure alignment and satisfaction. Scrum also enables the project team to learn from their experiences and improve their processes and products continuously.
A predictive project approach, such as waterfall, is not suitable for this scenario, because it requires detailed upfront planning and strict adherence to the initial scope. It does not accommodate changes easily and can result in delays, rework, and customer dissatisfaction. A predictive project approach is more appropriate for projects with clear and stable requirements, low uncertainty, and well-defined deliverables.
Executing the project using the same approach as the reference project may not be a good idea, because the reference project may have different characteristics, constraints, and risks than the current project. The project team should not assume that what worked for one project will work for another, without considering the specific context and needs of each project. The project team should tailor their approach based on the nature and requirements of the current project.
Executing the project as a project with stage gates may not be optimal for this scenario, because stage gates are decision points that review the progress and quality of the project at the end of each phase. Stage gates can help prevent project risks and improve project outcomes, but they can also slow down the project delivery and limit the flexibility and agility of the project team. Stage gates are more useful for large and complex projects that involve multiple departments and stakeholders, and require formal governance and control.
Reference
Project Management Professional PMI-PMP certification exam practice question and answer (Q&A) dump with detail explanation and reference available free, helpful to pass the Project Management Professional PMI-PMP exam and earn Project Management Professional PMI-PMP certification.