Valid PMP Dumps shared by ExamDiscuss.com for Helping Passing PMP Exam! ExamDiscuss.com now offer the newest PMP exam dumps, the ExamDiscuss.com PMP exam questions have been updated and answers have been corrected get the newest ExamDiscuss.com PMP dumps with Test Engine here:
A project manager is managing a project which has a very complex and long execution period Although the project is mostly predictive, the team was able to break the design and execution into smaller packages using a hybrid framework The business wants to keep track of the value delivered by this framework application but there is no defined set of measurable items for the framework. What should the project manager do first?
Correct Answer: A
Working with the stakeholders to determine which measurable benefits can be tracked and assigning an accountable person to monitor and report them is the first step to ensure that the value delivered by the hybrid framework is aligned with the business objectives and expectations. The project manager should collaborate with the stakeholders to identify the key performance indicators (KPIs) and metrics that reflect the value of the project outcomes and outputs. The project manager should also assign a responsible person to collect, analyze, and report the data on the benefits realization. Creating a report based on the work breakdown structure (WBS) and updating it on a regular basis is not a sufficient way to track the value delivered by the hybrid framework, as the WBS only shows the scope of the project, not the benefits. Using the same benefits tracking process from the last predictive project and adding this to the monthly status report is not a suitable option, as the hybrid framework may require different methods and measures to track the value delivered. Researching which templates of reports were used the most for this framework and incorporating them into the project is not a proactive approach, as it does not involve the stakeholders' input and feedback on the value delivered by the hybrid framework. References: Project Management Professional Sample Questions, page 13, question 109. [A Guide to the Project Management Body of Knowledge (PMBOK Guide)], Sixth Edition, page 33, section 1.2.3. [Agile Practice Guide], page 25, section 3.1.1.