A project manager is leading a complex project to develop a new medical device. The project is under a fixed-price contract, requiring detailed upfront planning for scope and budget. However, the software interface for the device requires an iterative development approach to incorporate feedback from clinical trials. When designing the overall project management framework, what should be the project manager's primary focus?
Prioritizing agile methodologies for all project activities to ensure flexibility
Strict adherence to the PMBOK Guide processes for risk management
Focusing solely on predictive techniques to control the fixed-price contract
Tailoring the approach to the project's unique characteristics
The primary focus should be on the appropriate application and blending of agile and plan-driven approaches to produce the best possible outcomes for the project. It is essential to tailor the project management approach to fit the unique characteristics of the project-such as having both fixed requirements (the contract) and evolving elements (the software interface)-and to manage its specific risks efficiently. Using a combination of both methodologies allows for flexibility, adaptability, and the ability to manage the project more effectively in response to change. The agile methodologies emphasize customer collaboration and responding to change, while traditional project management methodologies are more predictive and structured. Choosing the right blend and balance of these two can ensure the delivery of higher customer value and better project outcomes.
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