A company's CEO has just returned from a conference on the use of artificial intelligence (AI) and would like the project manager to implement this technology in the organization.
What should the project manager do first?
A company's CEO has just returned from a conference on the use of artificial intelligence (AI) and would like the project manager to implement this technology in the organization.
What should the project manager do first?
When a company's CEO expresses interest in implementing new technology like artificial intelligence, the first step for the project manager should be to start developing a business case. This involves assessing the potential benefits, costs, and impacts of the proposed AI implementation. Creating a business case provides a structured way to justify the investment and helps in making an informed decision about whether to proceed with the project. It also serves as a foundational document to guide further planning and stakeholder engagement.
I would go with A. Because, in order to do a SWOT analysis, you need an opportunity. Developing a business case is nothing but an opportunity and SWOT can follow it.
Typically the PM does not do a business cases. In this case, the PM needs to evaluate if AI is even fit for the project. SWOT would be a technique to determine that. Thoughts?
The suggested Answer "A" is correct. You can find it in PMBOK 7th "3.4 FOCUS ON VALUE". "Many projects, though not all, are initiated based on a business case."
business case is prepared when there is specific opportunity of business. the identification of various opportunity (as CEO has asked to explore the options of using AI) and also accessing environment factors to use AI, SWOT analysis is good to go with after which business case can be made.
"The project manager does not update or modify the business documents since they are not project documents" -from PMBOK6th guide, page 78
Business Documents (Business Case and Benefit Management Plan) are the ones PM cannot develop or change. Business Docs: + OPA + EEF = "Project Charter" Project Charter contains a formal announcement of "who is PM". Since a Business Case comes before the assignment of PM, 'A' is not a good choice.
Development of a Business Case is the responsibility of Project Sponsor.
SWOT Analysis is a tool that can help you to analyze what your company does best now, and to devise a successful strategy for the future. You need a business case not a tool to figure out how strong or weak your company is.
Business case evaluation is first at this case
A. Start developing a business case
A then B
A. Start developing a business case For starting a new project the first step is to develop a business case.
Business case is the right answer
When a CEO wants to implement new technology like artificial intelligence in an organization, the project manager's first step should be to gather requirements from stakeholders (Option D). This involves understanding the specific needs, expectations, and concerns of all parties who will be affected by or have an interest in the AI implementation. This step is crucial for defining the scope of the project and ensuring that the solution aligns with the organization's strategic goals, operational needs, and the stakeholders' expectations. Engaging stakeholders early in the process helps in identifying potential challenges, opportunities, and requirements that may not be immediately obvious, and it lays the groundwork for a more targeted and effective implementation strategy.
Clearly D first thing
The correct answer is D. Gather requirements from stakeholders. Not A as product sponsor will create business case and not project Manager
Clearly D
A - because CEO has join the conference so he know oppotunities for his firm so next step PM should start to develop the business case first