Rolling Wave Planning

Correct Answer: Start with high-level planning, get the product basics ready and then plan in detail as more information unfolds.

Rolling Wave Planning is an iterative planning technique in which the work to be accomplished in the near term is planned in detail, while the work in the future is planned at a higher level. It is a form of progressive elaboration. Therefore, the best approach would be to 'start with high-level planning, get the product basics ready and then plan in detail as more information unfolds'. This allows adaptation to changing circumstancesThe other answers are incorrect for the following reasons:- 'Start with detailed level planning and stick to the plan even if the market trends evolve or product details change.' This is not a good approach as it does not allow for the flexibility and adaptation required in situations of high unpredictability and changing details- 'Avoid planning until all product details are finalized.' This would delay the project unnecessarily and is not wise because it is not utilising time efficiently- 'Plan only for the first phase of the project and ignore the rest.' This approach might lead to overlooking potential issues or requirements in the subsequent phases of the project which could affect the overall timeline and success of the project.

Correct Answer: Begin with a high-level plan and as new information emerges regarding the features due to change in market trends, adapt plans accordingly.

Rolling Wave Planning is an iterative planning technique that allows you to plan for your project as it unfolds. The best approach in this situation, as promoted by Rolling Wave Planning, is to begin with a high-level plan and adapt it as new information regarding the features emerges due to changes in market trends. The other answers are incorrect for the following reasons: Preparing a full detailed plan at the start of the project and sticking to it despite market trends is rigid. In an ever-changing market, flexibility is key. Ditching planning altogether and proceeding ad-hoc is not advisable. While there's flexibility, there must still be some structure. Incorporating potential future features prematurely into the project plan can lead to unnecessary complexity and potential wastage of resources if those futures turn out to be irrelevant.

Correct Answer: Plan in detail for the next sprint, while keeping future sprints at a high level

The best approach for applying Rolling Wave Planning in this AI-powered chatbot development scenario is to plan in detail for the next sprint, while keeping future sprints at a high level. This is the essence of Rolling Wave Planning, which is particularly useful in projects with rapidly evolving technology and changing user requirements. Rolling Wave Planning allows for detailed planning of near-term work while maintaining flexibility for future work. This approach is ideal for the given scenario because: 1. It accommodates the rapidly evolving nature of AI technology. 2. It allows for adaptation to changing user requirements. 3. It provides a balance between detailed planning and flexibility. 4. It enables the team to incorporate new insights and learnings from each sprint into future planning. The other options are less suitable: Creating a comprehensive plan for the entire project lifecycle at the beginning is not appropriate for this scenario. Given the rapidly evolving technology and likely changes in user requirements, such a detailed upfront plan would quickly become obsolete and require constant revisions. Focusing on detailed planning for all sprints, even with adjustments, is too rigid for this dynamic environment. It would consume excessive time and resources on planning that may become irrelevant due to technological advancements or requirement changes. Planning only for the current sprint and delaying all future planning is too short-sighted. While it offers maximum flexibility, it lacks the necessary foresight for effective project management and could lead to poor resource allocation and missed deadlines. In conclusion, planning in detail for the next sprint while keeping future sprints at a high level provides the optimal balance of detailed short-term planning and long-term flexibility required for this AI chatbot development project.