APM APM-PMQ Dumps

Misaligned stakeholder expectations leading to conflicts or dissatisfaction.

Delays in decision-making due to lack of timely and accurate communication.

Detailed Explanation:

Misaligned Stakeholder Expectations:

Without a clear communication plan, stakeholders may have unrealistic or conflicting expectations about the project's progress, outcomes, or deliverables.

This can lead to dissatisfaction, loss of trust, and conflicts that derail project progress and require additional time to resolve.

Delays in Decision-Making:

A stakeholder communications plan ensures that stakeholders are informed of key decisions, updates, and progress in a timely manner.

Without it, critical information may not reach the right stakeholders at the right time, causing delays in approvals, problem resolution, or adjustments to the project scope or timeline.

Additional Insights:

Impact on Project Schedule:A lack of communication increases the likelihood of missed deadlines due to unclear priorities or delayed approvals.

Impact on Resource Allocation:Stakeholders may not provide necessary resources or support without regular updates, leading to resource shortages or inefficiencies.

Mitigation:Develop a stakeholder communication plan immediately, including stakeholder mapping, preferred communication channels, and key milestones for updates.

Part A:State two reasons why an iterative approach would benefit solutions development in this scenario.

Faster delivery of prioritized features.

Flexibility to adapt to evolving stakeholder requirements.

Part B:Explain three requirement prioritization approaches the project team could focus on to meet the deadline in this scenario.

MoSCoW Method:Categorizes requirements as "Must Have," "Should Have," "Could Have," and "Won’t Have," focusing on essential features.

Cost-Benefit Analysis:Focuses on implementing high-value, low-cost features first.

Value-Risk Matrix:Balances high-value requirements with low risk to ensure a feasible and impactful scope.

Detailed Explanation:

Project is progressing against

Are a potential cause of

 Project Progress:Reviews ensure that the project is aligned with the original plan, which helps monitor and control progress effectively.

 Cost Impact:Excess costs are a significant cause for replanning as they deviate from the approved project budget.