In the daily check-in meeting, a team member informs the project team that the licenses for one of the components that will be used will expire in a couple of months. The licensing cost is significant.
What should the project manager do next?
In the daily check-in meeting, a team member informs the project team that the licenses for one of the components that will be used will expire in a couple of months. The licensing cost is significant.
What should the project manager do next?
When a license essential to a project is set to expire, the project manager needs to first evaluate the impact of its nonrenewal. This assessment involves understanding the significance of the component within the project, its role, and the repercussions of not having the license renewed. By doing this, the project manager can determine the potential risks, alternatives, costs, and project timelines affected. Only after understanding the full impact can the right course of action, such as raising a change request or considering alternative solutions, be effectively decided.
Assessing the impact of the license expiration is crucial to understand the potential consequences for the project. The project manager should gather more information about the specific component, its importance to the project, and the implications of not renewing the license. This evaluation should consider factors such as the availability of alternative components, potential risks, project timelines, and cost implications.
Sounds like the correct answer is D. Raise a change request to secure the renewal. When a team member informs the project team that licenses for a component will expire in a couple of months, the project manager should take immediate action to ensure that the project is not affected. The project manager should raise a change request to secure the renewal of the license. This is important because if the license is not renewed, it may impact the project schedule, budget, and quality. ** the questions ask for what to do first so,before raising the change request, the project manager should evaluate the impact of nonrenewal of the license (Option A). **
I can't agree with you more. The result of the evaluation will help the PM to make an accurate request for change. U analytic is so brilliant and super classic. The type of justifications that are making me love Examtopics like pure water. I love this place meh
License cost is significant, so the PM should prepare mitigate action which is option D.
A. Because there is no information about the necessity of the further usage of the software. It would be possible that the software won't be used in a couple of months because the project ended. Therefore answer D would be incorrect.
A. Evaluate the impact of nonrenewal of the license
A. Evaluate the impact of nonrenewal of the license. The project manager should first evaluate the impact of the nonrenewal of the license on the project, including the potential risks, costs, and benefits of alternative solutions. This assessment will help the project manager make an informed decision on the best course of action, whether that is renewing the license, finding an alternative component, or escalating the issue to the appropriate stakeholders.
I’d go with D. Non renewal shouldn’t be an option cos renewal of license is a regulatory issue with dire consequences.
Why not D?
Because it asks what to do next rather than what to do, you also don't know what effect the license non-renewal will have on the project. There could be a bunch of other factors, i.e. it might come out of another departments budget, funds might have been allocated already, etc. In any case, you want to evaluate/analyze/meet about the impact of something first, and thats especially important when you see the word "next" at the end of the question.