Guide on Ongoing Prioritization in PMI-ACP Exam
The PMI-ACP (Project Management Institute Agile Certified Practitioner) exam includes a domain called Value Driven Delivery, under which ‘Ongoing Prioritization’ is studied.
What is Ongoing Prioritization?
Ongoing Prioritization is a vital component of Agile Project Management, which ensures that the team works on the highest priority items at any given point in time during the project. The priority may be evaluated based on value, risk, cost, or any other factor pertinent to the project's objectives.
Why is Ongoing Prioritization Important?
The purpose of ongoing prioritization in an Agile project is to maximize value delivery and reduce potential risks. In such a dynamic environment where project scope and objectives can change frequently, ongoing prioritization helps keep the team focused and aligned towards the most critical part of the project.
How Does Ongoing Prioritization Work?
In an Agile project, the product backlog, which is a prioritized list of project requirements, forms the basis for ongoing prioritization. This list is continuously updated and reprioritized based on feedback, business value, risk assessments, stakeholder input, and lessons learned.
Exam Tips: Answering Questions on Ongoing Prioritization
Knowledge about various prioritization methods like MoSCoW (Must, Should, Could, Won’t), Value-based Analysis, risk-based Analysis, Cost of Delay, and others can be helpful in exam context. Remember, priorities can change over time in Agile, hence the term 'ongoing' prioritization.
Ensure to understand that ongoing prioritization is a continuous process, not a one-time activity. It's the key to managing changes efficiently in an Agile environment. Prioritization is tied back to value - the ultimate aim is to deliver the maximum value.
Scenario-based questions on prioritization are common, so try to practice these type of questions and put yourself in the mind of an Agile practitioner while responding.
Demonstrate a complete understanding of both the concept and practical application of ongoing prioritization techniques to accurately answer any associated questions.