A project manager is overseeing the development of a new mobile application where market trends and customer preferences change rapidly. The stakeholders expect regular updates and are willing to adjust requirements throughout the project. The development team prefers working in short cycles with ongoing stakeholder collaboration. Which project management approach should the project manager adopt to best suit this project environment?
Adopt an adaptive project management approach
Freeze the project scope to prevent changes to requirements
Implement a predictive, plan-based project management approach
An adaptive project management approach is ideal in this scenario because it accommodates evolving requirements and emphasizes flexibility. It allows the team to work in short cycles, incorporate continuous stakeholder feedback, and quickly adapt to market changes. On the other hand, a predictive, plan-based approach relies on a fixed scope and detailed upfront planning, making it less suitable for projects with frequently changing requirements. Freezing the project scope would prevent the team from responding to new insights, potentially resulting in a product that doesn't meet current market needs.
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