Hard1 markMultiple Choice
Task 3: Evaluate and address external business environment changes for impact on scopebusiness-casemarket-changesstakeholder-decision-makingvalue-analysis

PMP · Question 53 · Task 3: Evaluate and address external business environment changes for impact on scope

A project manager is working on a project where the original business case assumed certain market conditions that have significantly changed. The project is 60% complete and technically on track, but the changed market conditions mean the expected return on investment will be much lower than originally projected. What should the project manager do?

Answer options:

A.

Continue the project as planned since it's already 60% complete

B.

Analyze the current business case and present options to stakeholders for decision-making

C.

Modify the project scope to reduce costs and improve the return on investment

D.

Accelerate the project timeline to reduce costs and improve the business case

How to approach this question

When external changes affect the business case, provide stakeholders with updated analysis and options rather than making unilateral project decisions.

Full Answer

B.Analyze the current business case and present options to stakeholders for decision-making✓ Correct
B
When market changes affect the business case, project managers should provide stakeholders with updated analysis and options. This enables informed decision-making about project continuation based on current conditions.

Common mistakes

Continuing based on sunk costs, making unilateral scope or timeline changes, or not engaging stakeholders in business case reassessment.

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