PMP Question #383: Real Exam Question with Answer & Explanation

Question

A new regulation has been approved that will impact the deliverables in the fourth phase of the project. The delivery is following an iterative approach and is currently completing the second phase. What should the project manager do next?

Options

• AConsult with the project sponsor to discuss a cost increase
• BAcquire approval for an exception to the implementation of the new regulation
• CGet approval for the additional budget from the steering committee
• DMeet with subject matter experts (SMEs) to access the impact to objectives

Explanation

Upon a new regulation impacting future deliverables in an iterative project, the project manager should first meet with Subject Matter Experts (SMEs) to assess the impact on project objectives.

Common mistakes.

• A. Discussing a cost increase is premature before fully understanding the scope and financial impact of the regulation.
• B. Seeking an exception to a regulation without first understanding its full impact and feasibility is generally not a responsible or common first step.
• C. Getting budget approval is premature without a clear understanding of the new costs derived from a comprehensive impact assessment.

Concept tested. Impact assessment and regulatory compliance

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