According to the Professional in Business Analysis (PMI-PBA)® Guide, a minimum viable product (MVP) is a version of a product that has enough features to satisfy early customers and provide feedback for future development. A MVP is a way of delivering value to customers quickly and iteratively, while minimizing waste and risk. In this scenario, the project manager is faced with a drastic reduction in the project timeline, from 18 months to six months. This means that the original scope and schedule are no longer feasible, and the project manager needs to find a way to deliver a product that meets the customer’s needs and expectations within the new constraints. Reviewing the project backlog and prioritizing the high-value items that can be delivered in six months is a sensible approach to achieve this goal. The project manager can then work with the stakeholders to define and agree on the MVP that will provide the most value to the customer and the business. This option also allows for flexibility and feedback, as the MVP can be refined and improved based on customer feedback and changing requirements. Planning for overtime, applying crashing and fast tracking, and sharing the risk of failure are options that try to compress the schedule without reducing the scope. These options may increase the cost, quality, and resource risks, and may not be acceptable to the stakeholders or the customer. Seeking approval to triple the project budget and hiring more people is an option that tries to increase the resources without reducing the scope. This option may not be feasible or realistic, as it assumes that the sponsor is willing and able to provide the additional funds, and that the project can benefit from adding more people in a short time. This option may also introduce communication, coordination, and integration challenges, and may not guarantee the delivery of the product in six months. Going over the critical path with stakeholders and explaining why it is not possible to deliver all the scope in the expected timeline is an option that tries to justify the original plan without considering alternatives. This option may not be satisfactory to the stakeholders or the customer, as it does not offer any solution or value proposition. This option may also damage the relationship and trust between the project manager and the stakeholders, and may result in the cancellation or termination of the project. Conclusion: Given the options, Option B stands out as the most viable and effective action. Reviewing the project backlog and coming up with a MVP that fits the expected timeline addresses the customer’s needs and expectations, delivers value quickly and iteratively, and minimizes waste and risk. Among the presented choices, Option B emerges as the optimal solution. PMP Exam Content Outline Mapping Domain Task Process Task 2: Execute the project Topics Covered Minimum Viable Product (MVP) Project Backlog Prioritization Value Delivery References: (Professional in Business Analysis Reference Materials source and documents)
Professional in Business Analysis (PMI-PBA)® Guide, Chapter 5, Section 5.3.1.2
A Guide to the Project Management Body of Knowledge (PMBOK® Guide) – Seventh Edition, Chapter 5, Section 5.2.2.2
The Standard for Project Management – Seventh Edition, Chapter 3, Section 3.2.2.2
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