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PMI Exam PMI-ACP Topic 5 Question 96 Discussion

Actual exam question for PMI's PMI-ACP exam
Question #: 96
Topic #: 5
[All PMI-ACP Questions]

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?

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Suggested Answer: C

Contribute your Thoughts:

Suzi
15 days 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!
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Cletus
16 days 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.
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Mozell
3 days ago
A) Calculated planned percent complete (PPC)
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Myrtie
1 months 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.
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Lynelle
1 days ago
C) Story points rather than cost estimates
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Hillary
3 days ago
B) Many small minimally marketable features (MMFs)
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Norah
12 days ago
C) Story points rather than cost estimates
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Sanda
16 days ago
B) Many small minimally marketable features (MMFs)
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Marti
1 months 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.
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Jade
1 months 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.
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C: Story points rather than cost estimates could also be useful in gaining stakeholder buy-in.
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Viva
6 days ago
B: Agreed, it can help reduce the risk of failure and keep stakeholders engaged.
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Andree
23 days ago
A: I think using Many small minimally marketable features (MMFs) is a good idea to show progress.
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Detra
1 months 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.
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Tijuana
2 months ago
I agree with Nicholle. Calculated earned value (EV) will help stakeholders see the financial benefits of the project.
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Nicholle
2 months ago
I think we should use calculated earned value (EV) to show stakeholders the potential return on investment.
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