A project manager is assigned to improve business operations for a trading firm. The team has just completed the discovery phase and must present feasibility to the business team in four weeks. How should the project manager advise the team to proceed?
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Correct answer: Develop a prototype..
Why this is the answer
Developing a prototype is the most appropriate next step. A prototype is an early, tangible model of a product or service, allowing for quick visualization and testing of concepts. This enables the team to demonstrate feasibility to the business team within the four-week timeframe by showing how the proposed solution might work and gathering early feedback. Developing a conceptual framework is too abstract and would not provide the tangible demonstration needed to assess feasibility effectively. Preparing an RFP is premature as it's used to solicit bids from vendors, and the team first needs to define what they are building. Developing an MVP is also premature; an MVP is a functional product with just enough features to satisfy early customers and provide feedback for future development, which is a later stage than simply demonstrating feasibility.
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