PMI-ACP Exam - Topic 5 Question 96 Discussion

Actual exam question for PMI's PMI-ACP exam

Question #: 96
Topic #: 5

A company is considering developing a new, complex application that will require a large initial investment. However, if successful, the profit potential is high. When preparing an analysis, what should be used to encourage stakeholders who are concerned about project failure to authorize the initial investment?

ACalculated planned percent complete (PPC)

BMany small minimally marketable features (MMFs)

CStory points rather than cost estimates

DCalculated earned value (EV)

Show Suggested Answer

Suggested Answer: C

by Kattie at Jan 28, 2025, 03:46 AM

Limited Time Offer

25%

Off

Get Premium PMI-ACP Questions as Interactive Web-Based Practice Test or PDF

Contribute your Thoughts:

Submit Cancel

Leoma

5 months ago

Surprised they’re even considering such a big investment without solid data!

upvoted 0 times

...

Jeanice

5 months ago

I’d go with earned value. It gives a clear picture of project health.

upvoted 0 times

...

Donette

5 months ago

Not sure about that, though. What if the small features don't attract users?

upvoted 0 times

...

Marge

5 months ago

Totally agree, MMFs reduce risk and show progress.

upvoted 0 times

...

Salina

6 months ago

I think using MMFs is a smart move! Break it down.

upvoted 0 times

...

Rosio

6 months ago

I’m a bit confused about the story points option; I thought they were more for agile planning rather than convincing stakeholders about investment.

upvoted 0 times

...

Freeman

6 months ago

I feel like we practiced a question similar to this, and I think the planned percent complete could help in showing progress to stakeholders.

upvoted 0 times

...

Lawrence

6 months ago

I'm not entirely sure, but I think calculated earned value might be useful to show how much value we're getting for the investment over time.

upvoted 0 times

...

Brynn

6 months ago

I remember we discussed how using many small minimally marketable features can help reduce risk by allowing for incremental feedback.

upvoted 0 times

...

Hillary

6 months ago

I think story points could be a good approach here. It allows you to focus on the value of the features rather than just the cost, which is what the stakeholders are likely most concerned about. Plus, it's a more agile way of estimating that can adapt to changes.

upvoted 0 times

...

Francisca

6 months ago

Definitely go with earned value analysis on this one. It's a great way to track progress and show the stakeholders that the project is on track, even if there are some initial challenges. That'll help reassure them and get the investment approved.

upvoted 0 times

...

Janessa

6 months ago

Hmm, I'm a little unsure about this one. There are a few different options, and I'm not sure which one would be the most convincing for stakeholders who are worried about failure. Maybe the minimally marketable features approach could help show some early wins?

upvoted 0 times

...

Cassi

7 months ago

This one seems pretty straightforward. I think the key is to focus on demonstrating the potential value of the project, rather than just the cost. Earned value analysis could be a good way to do that.

upvoted 0 times

...

Suzi

12 months ago

All these options sound pretty technical. I'm just hoping the exam doesn't ask me to do any complex math. That would be a real nightmare!

upvoted 0 times

...

Cletus

12 months ago

C) Story points rather than cost estimates? That's an interesting idea, but I'm not sure it would be enough to sway stakeholders who are worried about the initial investment.

upvoted 0 times

Laquanda

10 months ago

D) Calculated earned value (EV)

upvoted 0 times

...

Elroy

11 months ago

C) Story points rather than cost estimates

upvoted 0 times

...

Lashandra

11 months ago

B) Many small minimally marketable features (MMFs)

upvoted 0 times

...

Mozell

11 months ago

A) Calculated planned percent complete (PPC)

upvoted 0 times

...

Myrtie

1 year ago

A) Calculated planned percent complete (PPC)? Sounds like something a project manager would use, but probably not the best way to get stakeholders on board.

upvoted 0 times

Brandee

10 months ago

D) Calculated earned value (EV)

upvoted 0 times

...

Lynelle

11 months ago

C) Story points rather than cost estimates

upvoted 0 times

...

Hillary

11 months ago

B) Many small minimally marketable features (MMFs)

upvoted 0 times

...

Norah

11 months ago

C) Story points rather than cost estimates

upvoted 0 times

...

Sanda

12 months ago

B) Many small minimally marketable features (MMFs)

upvoted 0 times

...

Marti

1 year ago

I'm not sure D) Calculated earned value (EV) is the right choice. That's more for tracking project performance, not convincing stakeholders to invest.

upvoted 0 times

...

Jade

1 year ago

B) Many small minimally marketable features (MMFs) seems like the best option here. It's a great way to demonstrate progress and reduce the risk of failure.

upvoted 0 times

Bernadine

11 months ago

D: Calculated earned value (EV) might be more convincing for stakeholders concerned about project failure.

upvoted 0 times

...

Virgilio

11 months ago

C: Story points rather than cost estimates could also be useful in gaining stakeholder buy-in.

upvoted 0 times

...

Viva

11 months ago

B: Agreed, it can help reduce the risk of failure and keep stakeholders engaged.

upvoted 0 times

...

Andree

12 months ago

A: I think using Many small minimally marketable features (MMFs) is a good idea to show progress.

upvoted 0 times

...

Detra

1 year ago

I'm not sure about using calculated earned value (EV). Maybe we should consider using story points rather than cost estimates to show the project's progress.

upvoted 0 times

...

Tijuana

1 year ago

I agree with Nicholle. Calculated earned value (EV) will help stakeholders see the financial benefits of the project.

upvoted 0 times

...

Nicholle

1 year ago

I think we should use calculated earned value (EV) to show stakeholders the potential return on investment.

upvoted 0 times

...