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Topic History of : project Initiation

Max. showing the last 6 posts - (Last post first)
7 years 8 months ago #7678

Rohit Chaurasia

Rohit Chaurasia's Avatar

I too would have chosen the answer that considers the changing law. Even though the project will be complete before the new law goes into effect, we must evaluate how the new law may affect the product/service/result of our project and, the project itself. Why the latter (impact on the project itself)? Let's say an unknown risk occurs that causes our schedule baseline to be revised, pushing out the completion date such that the project is still executing, while the new law has taken effect. Can there be anything in the new law that would require us to change the way we are executing our project, e.g. our project may have team members from other country working on it and the new law requires us to have only US Citizens working on the project? This could have severe implications on the project itself.

Also, what if the new law renders the product/service/result of our project obsolete, or non-compliant with the current law? What a waste of money and resources would that be - something that could have been easily prevented, if we were proactive in our approach. It is our Responsibility to evaluate the impact of the new law.

In my opinion, we MUST at the least, re-validate the business case, vis-a-vis the new law. It may or may not have any impact on the project or the project outcome, but even if it does, the cost to make changes will be lowest at this (initiating) stage, compared to any other stage of the project.

~R
7 years 8 months ago #7676

Rohit Chaurasia

Rohit Chaurasia's Avatar

I too would choose the option that gives consideration to the new law. Even though the project would be complete before the new law goes into effect, but if we are aware that the product/result/service will soon thereafter become obsolete or non-compliant to the law, it is our responsibility to bring it to the management and sponsor's attention. This is the best time to make changes, because we only need to change the charter, which may require re-validating the business case (to see if it would still make sense to undertake that project), but effort/cost will be much lower in the inception phase, than it would be if the changes were made later (cost of changes).

Also, imagine what a waste of money and resources it would be if the new law rendered the product/service/result the project was to produce? It is much wiser to re-validate the business case, before proceeding with the project.

My two cents :)

~R
7 years 9 months ago #7615

Dawn Paul

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New legal law has come in picture & sponsor believes that law will become effective after 6 months . project charter will be signed in 1 week from now . you have been assigned as project manager for project & project is likely to be completed in 5 months as per schedule . what will u do in this situation .

it seems examiner is looking for business ethics in this case , i opted answer where we need to consider new law in picture .pls throw some light on question as i am not sure of my answer .

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