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Project Management Professional · PMI
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The Core Requirement: To secure approval for any project—especially one involving risky or unfamiliar new technology—the organization needs to know if the investment makes financial and strategic sense. The PM's Role: The project manager must assist in analyzing the expected costs against the anticipated project benefits (a Benefit-Cost Analysis or Business Case assessment). This ensures that the project aligns with the company's strategic goals and delivers a positive return on investment (ROI) before senior leadership signs the Project Charter.
As per infinity: C. Identify the risks in implementing the new technology. By assessing the risks associated with the new technology, the project manager can develop strategies to mitigate potential challenges and ensure successful project execution. This approach supports informed decision-making and effective risk management.
Stops using AI. Read Q carefully. Project is about to initiate. Risk to implement technology will be unearthed in PLANNING phase.