Project Implementation & Maintenance

Correct Answer: Conduct a project re-evaluation and present findings to stakeholders

The best course of action for the project manager is to conduct a project re-evaluation and present findings to stakeholders. This approach is the most appropriate because:

1. It acknowledges the significant change in market conditions.
2. It allows for a thorough assessment of the project's relevance in light of these changes.
3. It involves stakeholders in the decision-making process, which is crucial for project success.
4. It demonstrates proactive project management and adaptability.

Presenting findings to stakeholders ensures transparency and allows for informed decision-making about the project's future.

The other options are less suitable:

Continuing with the original project plan would be unwise, as it ignores the significant market changes that may affect the project's relevance and success.

Modifying the project scope might be a potential outcome, but it should only be done after a proper re-evaluation and stakeholder consultation.

Pausing the project and requesting additional resources is premature and may not address the underlying issue of changed market conditions affecting the project's relevance.

By choosing to re-evaluate and involve stakeholders, the project manager ensures that any decisions made about the project's future are well-informed and aligned with the new market realities.

Correct Answer: Investigate the reported problem and identify its cause before proposing a solution.

The correct step for a project manager when a client identifies a problem post implementation is to first investigate and understand the reported problem before proposing any solution. This is the best approach because it is proactive and takes ownership of the issue. The other choices are incorrect because ignoring the problem, suggesting the client to fix it themselves or re-implementing the entire project as first lines of action can be detrimental to both the performance of the project and the client relationship.

Correct Answer: Arrange a meeting with the stakeholder to understand their concerns and reassess their expectations

The best course of action is to arrange a meeting with the stakeholder to understand their concerns and reassess their expectations (ID: 148430). Leading a project involves managing people and expectations as much as tasks. Communicating with stakeholders and understanding their concerns is vital for smooth project progress. As for the other options: Ignoring the stakeholder's threats and carry on with the project will likely result in a loss of support and possibly project failure. Confronting the stakeholder and telling them that their support isn't necessary is unprofessional and can damage relations. Lastly, discontinuing the project because of the potential loss of a stakeholder, although a possible consideration in rare cases, should be a last resort after all means of rectification and negotiation have been exhausted.