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Question 1094 - PMP discussion

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A company initiated a project to introduce a new product to the market. The product must undergo the industry's regulatory process prior to approval and launch. However, the company sees a great demand for this product and wants it to launch as soon as possible.

What should the project manager do to realize this opportunity?

A.
Communicate with the industry's regulatory authority to grant the company an exception.
Answers
A.
Communicate with the industry's regulatory authority to grant the company an exception.
B.
Hire a third party who is an expert on the industry's regulations to work out the details.
Answers
B.
Hire a third party who is an expert on the industry's regulations to work out the details.
C.
Escalate the issue to the company's CEO who has experience with the regulations.
Answers
C.
Escalate the issue to the company's CEO who has experience with the regulations.
D.
Comply with the regulatory requirements and work to compress the project schedule.
Answers
D.
Comply with the regulatory requirements and work to compress the project schedule.
Suggested answer: D
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asked 23/09/2024
Lakshmana Mittadoddi
39 questions
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