Project Management Professional (PMP) — Question 536

A product company is transforming the way it develops and releases products in the market. Executives believe that this is a high-risk initiative, and this initiative must be successful.
What should the project manager do in this scenario?

Answer options

• A. Develop a business case with assumptions for the new model
• B. Develop a communications management plan to inform the employees about the new business model
• C. Adopt an iterative rollout approach that delivers the highest business value earlier
• D. Develop a detailed sprint plan with clear deliverables

Correct answer: C

Explanation

The correct answer, C, emphasizes the importance of delivering value quickly through an iterative approach, which helps mitigate risks by allowing for adjustments based on feedback. Options A and B focus on planning and communication but do not directly address the immediate need for value delivery, while option D is more about detailed execution without considering the iterative feedback loop that can enhance success in high-risk initiatives.