Project Management Professional (PMP) — Question 454

A company that uses a predictive approach and operates in a highly regulated market is losing profitability because its product life cycle is taking longer than those of its competitors. A new project manager has been hired to change this scenario.
What approach should the project manager propose?

Answer options

• A. Migrate to an agile model, focusing primarily on an iterative approach, leaving the incremental life cycle as a next step
• B. Change to an agile model, focusing primarily on the incremental life cycle, leaving the iterative approach as a next step
• C. Maintain a predictive approach, but increase the focus on better planning and tracking to anticipate problems and avoid delays
• D. Propose a hybrid approach, leveraging the benefits of an agile approach while respecting some aspects of the company's industry

Correct answer: D

Explanation

The correct answer is D because a hybrid approach allows the company to benefit from the flexibility and responsiveness of agile methodologies while still complying with industry regulations. Options A and B suggest a full transition to agile without considering regulatory constraints, which could be risky. Option C maintains the current predictive approach, which has already proven to be less effective compared to competitors.