Kept documentation in the project management information system (PMIS), and shared it with appropriate stakeholders

According to the PMBOK Guide, a project management information system (PMIS) is an information system consisting of the tools and techniques used to gather, integrate, and disseminate the outputs of project management processes. It is used to support all aspects of the project from initiating through closing, and can include both manual and automated systems. A PMIS can help the project manager to create, collect, store, manage, control, and distribute project information, such as the project schedule, to relevant stakeholders.

Therefore, the project manager should have kept the documentation in the PMIS, and shared it with appropriate stakeholders, to ensure that the project schedule was updated and accessible. Updating the project management plan, assigning a project team member, or reviewing the risk register are not sufficient or relevant actions for handling the documentation for the project, as they do not address the issue of keeping the project schedule current and available. References: PMBOK Guide, Sixth Edition, pages 89-90, 558; PMI-PBA Guide, First Edition, pages 83-84, 87.

The project will be difficult to complete as planned.

According to the PMBOK Guide, 7th edition, the cost performance index (CPI) is a measure of the cost efficiency of the project. It is calculated by dividing the earned value (EV) by the actual cost (AC). A CPI of 1 indicates that the project is on budget, a CPI greater than 1 indicates that the project is under budget, and a CPI less than 1 indicates that the project is over budget. In this case, the CPI is 0.933, which means that the project is spending more than planned to achieve the same amount of work. This implies that the project will be difficult to complete as planned, unless corrective actions are taken to improve the cost performance. The other options are incorrect because they do not reflect the current situation of the project based on the CPI value. References: PMBOK Guide, 7th edition, page 267; Earned Value for the PMP® Exam; Sample PMP Earned Value Questions

Implemented the communications management plan properly

The project manager should have implemented the communications management plan properly to avoid this situation. The communications management plan is a component of the project management plan that defines how the project information will be communicated to the stakeholders, such as the frequency, format, content, and methods of communication. The project manager should have followed the communications management plan to inform the CEO and other relevant stakeholders about the new tax policies and their impact on the project cost, as well as the updated risk register and the proposed risk responses. This would have enabled the project manager to manage the expectations of the stakeholders, address their concerns, and seek their support and approval for the project continuation. The project manager should have also used effective communication skills, such as active listening, feedback, and conflict resolution, to ensure a clear and mutual understanding of the project status and issues. By communicating the project information properly, the project manager could have avoided the surprise and potential cancellation of the project by the CEO. References: PMBOK Guide, 6th edition, section 10.1.3.1, page 377, PMP Exam Prep, 10th edition, page 368

Support the product owner's decision and seek better alignment with this stakeholder in order to avoid this type of issue in the future

According to the PMBOK Guide, the project manager should manage stakeholder expectations and engagement throughout the project life cycle. The project manager should also support the product owner’s decisions and authority regarding the product scope and releases. The product owner is responsible for maximizing the value of the product and ensuring that it meets the customer needs and expectations.

Therefore, the project manager should support the product owner’s decision to launch the product with the MVP and seek better alignment with the marketing vice president in order to avoid this type of issue in the future. The project manager should also communicate the benefits and risks of the product launch and solicit feedback from the stakeholder. References: PMBOK Guide, 6th edition, pages 18, 37, 51-52, 286-287.

Expert judgment

Expert judgment is a technique that uses the knowledge and experience of experts to identify risks in a project. Experts can be internal or external to the project team, and they can provide insights on the sources, causes, and effects of potential risks. Expert judgment can also help to assess the probability and impact of risks, as well as the appropriate responses to them. According to the PMBOK Guide, expert judgment is one of the tools and techniques for the Identify Risks process, which is part of the Project Risk Management knowledge area. The other tools and techniques are data gathering, data analysis, interpersonal and team skills, and prompt lists. The other options are not tools and techniques for the Identify Risks process, although they may be used in other risk management processes or activities. An analysis of shared risks between parties is a way of identifying common risks that affect multiple stakeholders or projects. A SWOT analysis is a strategic planning tool that evaluates the strengths, weaknesses, opportunities, and threats of a project or organization. A risk value assessment is a method of prioritizing risks based on their expected value, which is the product of their probability and impact.

References:
PMBOK Guide, 6th edition, pages 397-398, 419-420
Project Management Professional (PMP) Certification Handbook, page 9
Risk Identification in Project Management, section “PMP® Risk Identification Lifecycle”

Ensure that the impediments are captured and prioritized based upon the highest valued features

According to the Professional in Business Analysis (PMI-PBA)® Guide, an impediment is anything that prevents the team from delivering value or achieving its goals. An impediment can be internal or external, technical or non-technical, and can affect the quality, scope, schedule, cost, or risk of the project. In this scenario, the product owner has presented the backlog to the team, and the team has raised concerns over implementing some of the features due to various impediments. The project manager should suggest that the product owner ensure that the impediments are captured and prioritized based on the highest valued features. This would help the product owner to address the most critical impediments first, and to align the backlog with the project objectives and stakeholder expectations. This would also help the team to focus on delivering the most valuable features, and to overcome the impediments with the support of the product owner and the project manager. Estimating the financial impact of the impediments and requesting additional funding, beginning to remove the impediments starting with the easiest ones first, or capturing the impediments and informing management that their assistance is needed are actions that should be taken after the impediments are captured and prioritized, not before. These actions do not address the root cause of the situation, which is the misalignment between the backlog and the team’s capabilities.

References: (Professional in Business Analysis Reference Materials source and documents)

Professional in Business Analysis (PMI-PBA)® Guide, Chapter 6, Section 6.3.1.2
A Guide to the Project Management Body of Knowledge (PMBOK® Guide) – Seventh Edition, Chapter 9, Section 9.2.2.2
The Standard for Project Management – Seventh Edition, Chapter 3, Section 3.2.2.2

Assessed the change's overall impact to the project before submission

According to the Professional in Business Analysis (PMI-PBA)® Guide, a change request is a formal proposal to modify any document, deliverable, or baseline. A change request should include a clear description of the change, the rationale for the change, the impact of the change on the project, and the alternatives considered. A change request should also be evaluated for its feasibility, benefits, risks, and alignment with the project objectives and scope. In this scenario, the project manager should have assessed the change’s overall impact to the project before submitting it to the CCB. This would have helped the project manager to determine if the change was necessary, beneficial, and feasible, and to communicate the pros and cons of the change to the SME and the CCB. This would have also helped the project manager to avoid or mitigate any potential conflicts or resistance from the SME or the CCB. Requesting that the sponsor approved the change request first, ensuring that the change request was aligned with the project scope, or submitting the change request directly to the CCB are actions that should be taken after the change’s impact assessment, not before. These actions do not address the root cause of the situation, which is the lack of a proper impact analysis of the change request.

References: (Professional in Business Analysis Reference Materials source and documents)

Professional in Business Analysis (PMI-PBA)® Guide, Chapter 6, Section 6.4.1.1
A Guide to the Project Management Body of Knowledge (PMBOK® Guide) – Seventh Edition, Chapter 8, Section 8.2.2.1

Define team ground rules

Perform a retrospective session

Implement daily team meetings.

Feedback is the process of providing constructive and timely information to the project team members about their performance, behaviour, and contribution to the project. Feedback can help the project team to improve their skills, knowledge, and motivation, and to achieve the project goals and deliverables. According to the Project Management Professional (PMP) Reference Materials1, feedback can be given in various ways, such as:

Formal or informal: Formal feedback is planned and structured, and follows a specific format, criteria, and frequency. Informal feedback is spontaneous and flexible, and does not follow a predefined format or schedule.

Positive or negative: Positive feedback is praise or recognition for doing something well, and aims to reinforce and encourage the desired performance or behaviour. Negative feedback is criticism or correction for doing something poorly, and aims to address and improve the undesired performance or behaviour.

Individual or group: Individual feedback is given to one person at a time, and focuses on their specific performance or behaviour. Group feedback is given to a team or a group of people at the same time, and focuses on their collective performance or behaviour.

In this scenario, the team is working on a critical project deliverable and the project manager is concerned about meeting the deadline. There have been complaints from some stakeholders about some of the team members’ performance. The project manager wants to understand the situation and provide feedback to the team as soon as possible. Therefore, the best three actions that the project manager should take to address this situation are:

Define team ground rules: Team ground rules are the agreed-upon norms and expectations that guide the team’s work and interactions. They can help the team to establish a common vision, purpose, and values, and to define their roles, responsibilities, and accountabilities. They can also help the team to communicate effectively, collaborate efficiently, and resolve conflicts constructively. By defining team ground rules, the project manager can ensure that the team members are aware of and aligned with the project goals and deliverables, and that they respect and support each other’s performance and behaviour.

Perform a retrospective session: A retrospective session is a meeting that allows the team to reflect on their past performance and behaviour, and to identify what went well, what went wrong, and what can be improved. It can help the team to learn from their experiences, celebrate their achievements, and address their challenges. It can also help the team to generate ideas and action plans for future improvement and innovation. By performing a retrospective session, the project manager can provide formal and group feedback to the team, and involve them in the feedback process.

Implement daily team meetings: Daily team meetings are short and frequent meetings that allow the team to share their progress, issues, and plans for the day. They can help the team to stay on track, coordinate their tasks, and solve their problems. They can also help the team to communicate regularly, transparently, and collaboratively. By implementing daily team meetings, the project manager can provide informal and individual feedback to the team members, and monitor and support their performance and behaviour.

The other options are not the best choices, because:

Request a manager performance review: A manager performance review is a formal and individual feedback that is given by the team member’s direct manager, and focuses on their overall performance, behaviour, and career development. It is usually done annually or semi-annually, and follows a specific format and criteria. While a manager performance review can be useful and beneficial for the team member, it is not the responsibility of the project manager, unless they are also the team member’s direct manager. Moreover, it is not the most appropriate or timely feedback for the situation, as it does not address the specific project deliverable, deadline, or stakeholder complaints.

Conduct an annual review: An annual review is a formal and group feedback that is given by the project manager, and focuses on the team’s overall performance, behaviour, and achievements for the year. It is usually done at the end of the year or the project, and follows a specific format and criteria. While an annual review can be useful and beneficial for the team, it is not the most appropriate or timely feedback for the situation, as it does not address the specific project deliverable, deadline, or stakeholder complaints.

References:
How to Provide Effective Feedback to Project Team Members.

Conduct a meeting with the project team to discuss and address the sources of disagreement

The project manager should conduct a meeting with the project team to discuss and address the sources of disagreement, as this is a strategy for improving team morale and performance. According to the PMI website, one of the interpersonal and team skills that a project manager should have is conflict management. Conflict management is the process of resolving or reducing disagreements among project stakeholders, such as team members, sponsors, customers, or suppliers. Conflict can arise due to various factors, such as personality differences, communication barriers, resource constraints, or competing interests. If not managed properly, conflict can negatively affect the team morale, productivity, quality, and satisfaction. The project manager should use appropriate conflict resolution techniques, such as problem-solving, compromising, collaborating, smoothing, or forcing, depending on the situation and the desired outcome. The project manager should also facilitate open and constructive communication, encourage feedback and participation, and promote trust and respect among the team members1. By conducting a meeting with the project team, the project manager can identify the root causes and the impact of the disagreement, and work with the team to find a mutually acceptable solution. The project manager can also clarify the project objectives, scope, and requirements, and ensure that the team members understand their roles and responsibilities. By addressing the sources of disagreement, the project manager can improve the team morale and performance, and get the project back on track.

The other options, informing the stakeholders, crashing the project timeline, or issuing a change request, are not the best ways to deal with low team morale and disagreement. Informing the stakeholders may be a necessary communication activity, but it does not solve the problem or improve the situation. Crashing the project timeline may be a schedule compression technique, but it may not be feasible or effective, as it may increase costs, risks, or rework, and may also worsen the team morale and satisfaction. Issuing a change request may be a change management activity, but it may not be necessary or desirable, as it may imply that the project manager is unable to manage the project within the agreed baselines.

References: 2 Interpersonal and Team Skills - Project Management Institute 1 A Guide to the Project Management Body of Knowledge (PMBOK® Guide) – Sixth Edition, Chapter 9.5

Reiterate ground rules at the next meeting and ensure that all team members are clear about these rules.

Address the behavioral issue with each team member

This answer is based on the PMBOK® Guide, which is one of the reference materials for the PMP exam1, and the PMI Guide to Business Analysis, which is one of the reference materials for the PMI-PBA exam2. According to the guides, the project manager is responsible for managing the project team, which includes developing, leading, and motivating the team members, as well as resolving any conflicts or issues that may arise among them12. The project manager should also establish and enforce the ground rules for the project team, which are the agreed-upon standards of behavior and expectations for the team members, such as communication protocols, decision-making processes, meeting guidelines, and conflict resolution methods12. When the project manager observes that two team members have been arguing with each other openly at meetings and bypassing the project manager to influence the sponsor, this indicates a serious breach of the ground rules and a potential threat to the project performance and harmony. The project manager should take the following two actions to address this situation:

Reiterate ground rules at the next meeting and ensure that all team members are clear about these rules. This action will remind the team members of their roles and responsibilities, and the expected norms of conduct for the project team. It will also reinforce the authority and accountability of the project manager, and the importance of following the agreed-upon procedures for communication and decision-making. This action will help to prevent further escalation of the conflict and restore trust and respect among the team members12.

Address the behavioral issue with each team member. This action will allow the project manager to understand the root cause of the conflict, and the perspectives and interests of each team member. It will also enable the project manager to provide constructive feedback, coaching, or counseling to each team member, and to facilitate a collaborative resolution that satisfies both parties and aligns with the project objectives. This action will help to improve the performance and morale of the team members, and to foster a positive and productive team culture12.

The other options are not appropriate because they do not address the problem effectively or ethically. Asking the team members to work it out themselves is not a responsible or proactive approach, as it may lead to further deterioration of the relationship and the project outcomes. Discussing this situation with other project managers and asking for advice is not a confidential or respectful way to handle the issue, as it may expose the team members to gossip or criticism, and undermine their trust and credibility. Discussing the behavior directly with their managers and requesting them to correct the behavior is not a fair or empowering way to deal with the issue, as it may create a perception of blame or punishment, and damage the rapport and autonomy of the team members.

References:

PMBOK® Guide
PMI Guide to Business Analysis

Procurement audit

A procurement audit is a structured review of the procurement process and the contracts that were established with the suppliers. It evaluates the performance of the suppliers, the compliance with the contract terms and conditions, the quality of the deliverables, and the effectiveness of the procurement management. A procurement audit can help the project manager understand why there is an unexpected financial balance remaining at the end of the project, by identifying any errors, discrepancies, overpayments, or underpayments that occurred during the procurement process. A procurement audit can also provide recommendations for future improvements and lessons learned. The other options are not the best ways to understand why there is an unexpected financial balance remaining, because they may not focus on the procurement aspect of the project, or they may not provide enough detail or analysis to explain the cause of the issue. References: Project Procurement Management - PMBOK Guide, Procurement Audit - Project Management Knowledge.

The project did not identify and engage the correct stakeholders.