As a project manager, you have been tasked with developing a delivery solution for a new software product. The project has a fixed deadline and the final product must meet specific regulatory standards. What should be the best approach to developing this delivery solution?
Focus solely on stakeholder input to tailor the software product, ensuring all their requirements are met in the final deliverable.
Extend the deadline to allow for additional time to ensure the software product can meet all regulatory standards and stakeholder requirements.
Prioritize the development of the lowest cost solution to ensure the project remains within budget constraints.
Design the solution with a comprehensive plan that incorporates predefined regulatory standards and utilizes an agile or hybrid lifecycle to accommodate the fixed deadline.
The correct approach should include designing a solution that incorporates predefined regulatory standards while ensuring the timely delivery of the software. A delivery solution that includes a comprehensive plan to meet regulatory requirements indicates that the project manager understands the importance of compliance in the development process. It is also imperative to use a lifecycle that can accommodate changes given that the project has a fixed deadline and compliance needs. Using an agile or hybrid approach allows for flexibility and iterative development, which is crucial in a constrained timeline situation. Conversely, opting for the lowest cost solution may not guarantee compliance, while prioritizing stakeholder inputs alone could lead to overlooking the regulatory standards.
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