A project manager was recently assigned to a new project that is about to start. The organization has already signed a fixed-cost contract with the customer detailing the scope and final delivery date, but the project manager has identified several internal constraints and conditions that will certainly prevent the project from being completed in the number of iterations initially planned.
What should the project manager do next?
The project manager should create a contingency plan in case the project deviates from the initial plan. With known internal constraints and conditions that will hinder the project’s progress, having a contingency plan ensures that there are predefined actions and strategies in place to address these challenges and mitigate their impact. This proactive approach is crucial for maintaining control and delivering the project within the agreed scope and timeline, despite any potential issues.
"internal constraints and conditions" are unremovable. All we can do is prepare a contingency plan when they come. Assumptions are just for unclear things, but nothing is unclear here
Creating a contingency plan is essential when there are known constraints and potential risks that could impact the project timeline and deliverables. A contingency plan will outline specific actions to take if certain risks materialize, providing a structured approach to managing deviations from the initial plan and helping to mitigate their impact. On the other hand, creating an assumption log (option C) is useful for documenting assumptions and their potential impacts, but it does not provide a plan for addressing the known constraints and ensuring project continuity in case of deviations.
** Sorry, Option D - creating an assumption log is useful for documenting assumptions and their potential impacts, but it does not provide a plan for addressing the known constraints and ensuring project continuity in case of deviations.
The Assumption Log allows for the identification, tracking, and management of assumptions to mitigate risks. It also aids in validating these assumptions and adjusting project plans when necessary.
I believe its D, Assumption log. Since the project has not started yet so the assumption log is created at the initiation stage and s required to understand what assumptions have been made in the planning and management of the project. An assumption is a key piece of information upon which project plans and decisions are made.