Certified Associate in Project Management (CAPM) — Question 159

A new vendor offers a one-time price break but cannot guarantee they will still be in the local market for any future projects. Which project management approach should be used to take advantage of this offer?

Answer options

• A. Agile
• B. Predictive
• C. Hybrid
• D. Iterative

Correct answer: C

Explanation

The Hybrid approach allows for flexibility in project management, which is beneficial when dealing with a vendor that offers a one-time price break but lacks future availability. Agile and Iterative methods are more focused on continuous development and may not be suitable for a single opportunity, while Predictive is less adaptable to sudden changes in vendor availability.