A company is initiating a project to enhance one of its existing products. All of its products are developed internally. What should the project manager do?
A.
Ensure the stakeholder engagement plan is accurate and properly documented
B.
Review the lessons learned from the previous project
C.
Identify the risk of implementing the new solution and evaluate the impact on the project
D.
Create a lessons learned document for the initiation phase
I would go with B. It is clearly indicated in the question that the company has been following an in-house development approach so there must have been tons of lesson learned captured that could come handy for the new project.
I don't think the question asked properly.
I think PM should do all options but might be there are some step by step but It also depends on circumstance.
In the questio, "What should the project manager do?" ... I think PM shuld do all options in this question.
Just in case, if there is a priority to do, I think it's C first then B, A and D in order.
chatgpt
In this scenario, the most appropriate action for the project manager would be to review the lessons learned from the previous project (Option B). By examining the lessons learned, the project manager can gain insights into the challenges, successes, and best practices that were encountered during previous product enhancement projects. This information can help inform the project manager's approach and decision-making for the current project.
ChatGPT
The correct answer is C. Identify the risk of implementing the new solution and evaluate the impact on the project.
Before starting a project, it is essential to identify potential risks and evaluate their impact on the project. In this scenario, enhancing an existing product means introducing changes to an already established system, which increases the risk of failure or delays. Therefore, the project manager should identify the risks associated with the new solution and evaluate their potential impact on the project's success. This will allow the project team to develop a risk management plan to mitigate or avoid potential issues.
While stakeholder engagement, lessons learned, and documentation are also important, identifying risks is critical in the initiation phase to ensure the project's success. Therefore, options A, B, and D are not the best initial actions for the project manager to take
Why should you start by identifying risk when you want to initiate a project to enhance existing products? The project is not totally new, why not review the previous documents first? I dont agree with ChatGPT
upvoted 2 times
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