A project is in its final stages when a competitor releases a similar product. This could make the project redundant. What should the project manager do next?

The correct answer is C. Initiate project closure.. When the business case for a project is fundamentally undermined - in this case, a competitor making the deliverable potentially redundant - the project no longer serves its original strategic purpose. PMI guidance states that a project should be closed when it can no longer achi

Predictive, Plan-Based Methodologies

Question

A project is in its final stages when a competitor releases a similar product. This could make the project redundant. What should the project manager do next?

Options

AInitiate change control.
BAddress risk mitigation.
CInitiate project closure.
DEscalate this to the project sponsor.

How the community answered

(29 responses)

A
3% (1)
B
7% (2)
C
79% (23)
D
10% (3)

Explanation

When the business case for a project is fundamentally undermined - in this case, a competitor making the deliverable potentially redundant - the project no longer serves its original strategic purpose. PMI guidance states that a project should be closed when it can no longer achieve its objectives or when the business case no longer justifies continuation. Initiating project closure (C) is the appropriate formal response. Change control (A) addresses scope changes, not business viability. Risk mitigation (B) is reactive and too narrow for a business-case-level issue. While involving the sponsor is part of closure, the PM's first formal step is to initiate the closure process (C).

Topics

#Project Closure#Project Termination#Business Value#Risk Management

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