Hmm perhaps it is CDE after all. If it's a new project, then presenting the Communications Management Plan would be appropriate so the stakeholders know how the project benefits would be communicated. Overall a tricky one.
Why to present or talk about risk associated with the benefits at the beginning? suppose if you as a PM suppose to give presentation to present benefits of the launch of new iphone project, why would you add risks such as delays, changes etc that may come with the benefits like (new design, new features etc)
am i wrong ?
Risks associated with achieving the target benefits (A): This is crucial because stakeholders need to be aware of potential challenges or obstacles that could impact the realization of the project's benefits. Including risks in the presentation helps in setting realistic expectations and prepares stakeholders for possible contingencies.
Expected business value (D): This is arguably the most important component of the presentation. The project manager should articulate how the project will contribute to the business’s goals, objectives, or bottom line. This includes detailing the tangible and intangible benefits that the project is expected to deliver.
Metrics to measure benefits throughout the project (E): It is important to establish how the success of the project will be measured. Presenting the metrics for measuring benefits not only shows a plan for tracking progress but also helps in maintaining stakeholder confidence throughout the project lifecycle by providing a way to assess whether the project is on track to deliver its intended benefits.
B. Stakeholder register: This provides information about the key stakeholders involved in the project, their interests, and their level of influence. Understanding stakeholders is crucial for effective communication and engagement.
C. Communications management plan: This outlines how communication will be planned, executed, and monitored throughout the project. It includes details on who needs what information, when they need it, and how it will be communicated.
D. Expected business value: This is essential to communicate the anticipated benefits and value that the project aims to deliver. It helps align the project with the organization's strategic objectives and provides a clear understanding of the project's purpose
A. Risks associated with achieving the target benefits: Explaining potential risks that might hinder the realization of the expected benefits provides stakeholders with a realistic view of challenges the project might encounter.
D. Expected business value: Detailing the anticipated benefits and value the project is expected to deliver.
E. Metrics to measure benefits throughout the project: Presenting the KPIs that will be used to track and measure the achievement of benefits.
All answer targeting the topic of benefits: What are the benefits? What are potential risks to realize these benefits? How do we measure the benefit? so ADE
Not all Risks are bad, plus risks are events or situations that can increase your chances of achieving your project goals or bring unexpected benefits.
C doesn't seem to fit as well vs A. Wouldn't it be more prudent to discuss risks involved vs communication strategy?
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