A project manager is leading a predictive product development project for a consumer electronics company. The project plan includes a market launch date in ten months, aligned with the holiday shopping season. At the six-month progress review, the project manager learns that a key supplier is experiencing financial difficulties and may not be able to deliver components on schedule. The procurement team has identified two alternative suppliers: one can meet the timeline but at 25% higher cost, and another offers competitive pricing but would delay delivery by six weeks, missing the holiday season. What should the project manager do to support the business decision?
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View all →A financial services company is implementing a new customer portal using a hybrid approach, with infrastructure components delivered predictively and user interface features delivered iteratively. During the third sprint, a new regulatory requirement is announced that affects data retention policies. The compliance team states this must be implemented immediately to avoid penalties. The infrastructure team indicates they need 8 weeks to modify the database architecture, which would disrupt the current release plan. What should the project manager do first?
A manufacturing company is running a hybrid project to upgrade its production planning system. The core ERP integration follows a waterfall approach with fixed milestones, while the reporting and analytics module uses Scrum with two-week sprints. The product owner for the analytics module wants to incorporate machine learning capabilities after seeing a competitor's demo, but this would require significant changes to the data architecture being developed by the waterfall team. The business case did not include advanced analytics. How should the project manager address this situation?
A retail company is executing a hybrid project to implement a new inventory management system. The database and integration layer follow a waterfall approach, while the user interface is developed using Kanban. After the first phase delivery, sales performance metrics show that stores using the new system have 15% lower productivity than projected, despite the system meeting all technical requirements. Store managers report the interface is too complex for their workflow. The project is currently 60% complete with both budget and schedule. What should the project manager do?
