Key Facts and Solutions for Premature Project Closure
Question
It is now late October and the project is in stage 3
The label design competition has been held and the photos of the staff have been taken.
The CEO and Marketing Director still need to choose the winning label design and the 12 photos for the calendar.
However, the Executive has learned that two competitors are issuing calendars to MNO's customers by the middle of November.
After analyzing the impact of this Issue, one of the options the Project Manager has presented to the Project Board is to close the project prematurely.
There are a number of key facts relating to this project that would need to be recorded if the project Y-e to be closed now.
Which product should show that without the calendar the company is going to experience difficulties recovering its decline in orders, and alternative solutions are required if the company is going to recover its position?
Answers
Explanations
Click on the arrows to vote for the correct answer
A. B. C. D.C.
In this scenario, the project is in stage 3 and the label design competition has been held and the photos of the staff have been taken. However, the CEO and Marketing Director still need to choose the winning label design and the 12 photos for the calendar. The Executive has learned that two competitors are issuing calendars to MNO's customers by the middle of November, and this has led to the consideration of closing the project prematurely.
If the project is to be closed now, there are a number of key facts relating to this project that would need to be recorded. One of the key facts is that without the calendar, the company is going to experience difficulties recovering its decline in orders. This means that alternative solutions are required if the company is going to recover its position.
Given this context, the product that should show that without the calendar the company is going to experience difficulties recovering its decline in orders, and alternative solutions are required if the company is going to recover its position, is the Benefits Review Plan (BRP).
The BRP is a key document that outlines the benefits that the project was expected to deliver, and provides a plan for how those benefits will be measured and realized. The BRP helps to ensure that the project remains aligned with the organization's strategic goals and objectives, and helps to identify potential problems or issues that may impact the achievement of those goals.
In this case, the BRP should clearly show that the calendar was a key deliverable of the project, and that without it, the company will experience difficulties recovering its decline in orders. It should also outline potential alternative solutions that could be pursued to help the company recover its position.
The other options listed, such as the Exception Report, End Project Report, and Risk Register, are also important documents that are used in project management. However, in this scenario, they are not as relevant as the BRP in addressing the specific issue of the company's decline in orders and the need for alternative solutions.
