Certified Associate in Project Management (CAPM) — Question 76
A project is in its final stages when a competitor releases a similar product. This could make the project redundant.
What should the project manager do next?
Answer options
- A. Initiate change control.
- B. Address risk mitigation.
- C. Initiate project closure.
- D. Escalate this to the project sponsor.
Correct answer: D
Explanation
The correct action is to escalate the situation to the project sponsor, as they can make strategic decisions regarding the project's future in light of the competitor's product. Initiating change control, addressing risk mitigation, or starting project closure are less appropriate responses without first consulting the project sponsor about the overall direction of the project.