PMPMedium
PMP Practice: Establish Governance Structure and Policies
Rowan Fitzgerald-Yamamoto is managing a mobile app development project for Sriracha Storm Systems using a hybrid approach with six two-week sprints followed by a four-week deployment phase. The governance committee requires a minimum business value achievement rate of 75% to approve continued funding. The project budget is $480,000, and the total expected business value was estimated at 1,200 value points based on weighted features. After four sprints (8 weeks), the team has completed features worth 640 value points and has spent $224,000. The deployment phase will add no additional value points but is necessary to realize the accumulated value. During the governance review, the sponsor asks Lila to calculate whether the project is on track to meet the 75% value achievement threshold. What is the projected business value achievement percentage at project completion if current performance continues?
Key Concept
This question covers Establish Governance Structure and Policies under Define and Establish Project Governance (Business Environment).
This is 1 of 100 free PMP questions
Unlock 6,300+ PMP practice questions with detailed explanations, progress tracking, and exam readiness prediction.
Unlock All Questions