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Project stakeholders have provided a team with requirements that will take at least one year to complete. The project sponsor advised that they need to see some return on investment (ROI) soon.
What should the project manager do?
Suggested Answer: A
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26 comments · newest first
AD
Adelaide
4 months ago
We can prioritize features that provide immediate value.
PU
Pura
4 months ago
But what if the MVP doesn't meet key requirements?
LA
Lamar
4 months ago
Agree, quick wins can show ROI sooner.
LE
Leota
4 months ago
Focus on delivering a minimum viable product first.
CA
Cathern
6 months ago
What if the requirements change halfway through?
EL
Elmira
6 months ago
They need to manage expectations with the sponsor.
BR
Britt
6 months ago
A year for ROI? That sounds unrealistic.
DA
Daniela
6 months ago
Totally agree, quick wins are key!
VI
Vivienne
7 months ago
They should break the project into smaller phases.
HO
Horace
7 months ago
The project manager should explore options to deliver quick wins, even if they're not the full scope, to keep the sponsor happy.
ST
Stacey
7 months ago
Haha, the sponsor must be living in a different dimension if they think a one-year project can deliver "soon" ROI.
BE
Becky
7 months ago
I'd suggest the project manager have an honest conversation with the sponsor to manage expectations and find a compromise.
FL
Fletcher
7 months ago
Sounds like the sponsor needs a reality check. One year is not "soon" in the world of project management.
GI
Gianna
7 months ago
The project manager should consider breaking the project into smaller, more manageable phases to deliver incremental value and ROI.
GL
Glenn
8 months ago
I feel like the PM might need to negotiate with stakeholders about what can be delivered in the short term. That could help manage expectations.
MI
Ming
8 months ago
This reminds me of a practice question where we had to balance stakeholder needs with project timelines. I think communication is key here.
PA
Paulina
9 months ago
I'm not entirely sure, but I think prioritizing the requirements could help show some ROI sooner.
LA
Laurel
9 months ago
I remember we discussed breaking down projects into phases to deliver quicker results. Maybe the PM should consider that?
CL
Clorinda
9 months ago
This is a great question. I'd focus on clear communication with the sponsor, setting realistic expectations, and exploring options like an MVP or iterative delivery. Gotta balance the long and short term here.
CI
Ciara
9 months ago
Okay, let's think this through. I'd recommend doing a thorough risk assessment, identifying any areas we could accelerate, and then proposing a phased rollout plan to the sponsor.
CA
Carli
9 months ago
Oof, that's a tough spot. I'd probably start by having an open discussion with the sponsor to understand their specific needs and constraints. Then see if we can break the work into phases or milestones.
GE
Gennie
9 months ago
Hmm, sounds like a classic conflict between long-term goals and short-term expectations. I'd try to find a balanced approach that keeps stakeholders happy while still delivering the full project.
LY
Lynelle
10 months ago
This is a tricky one. I'd need to carefully analyze the requirements and see if there are any quick wins or MVP-style deliverables we could prioritize.
MA
Martina
3 months ago
Agreed! Quick wins can build stakeholder confidence.
SO
Solange
3 months ago
Definitely! Focus on MVPs for early ROI.
MI
Milly
4 months ago
We should break down the requirements into smaller phases.