Question

A project manager is initiating a new product-development effort. The market is evolving rapidly, customer requirements are only partially understood, and the sponsor expects to see working features early so feedback can shape later work. The regulatory portions of the product, however, must follow a fixed, well-documented sequence with formal sign-offs at defined checkpoints. Which approach should the project manager select for this project?

Accepted Answer

Use a hybrid approach, applying iterative/agile delivery to the evolving product features and a predictive approach to the regulatory components

Answer

Use a fully predictive approach with a detailed WBS and baseline all scope up front to satisfy the regulatory sign-offs

Answer

Use a fully agile approach across the entire project and document regulatory work in the product backlog as it emerges

Answer

Delay selecting an approach until all requirements are fully defined and the sponsor confirms the complete scope