CAPM Practice Question

The correct answer is "An approach emphasizing rapid feedback cycles and iterative development" because the scenario describes a project with evolving stakeholder expectations and incomplete specifications, yet with a fixed deadline. This describes the characteristics of an adaptive approach like Agile, which accommodates uncertainty and changing conditions through continuous adjustment and progressive scope refinement.

A structured approach with detailed upfront planning (characteristic of predictive methods like Waterfall) works better in environments where requirements can be fully defined initially and remain stable throughout execution. The incomplete specifications and changing stakeholder expectations make this approach less suitable.

While a phased delivery method might help address some aspects of the scenario, it doesn't necessarily accommodate the ongoing changes in stakeholder expectations as effectively as iterative development with feedback cycles. Critical chain management focuses primarily on resource constraints and scheduling optimization rather than addressing requirement volatility.