Free PMI Project Management Professional (PMP) Practice Question

The best project execution strategy in this scenario would be to adopt a hybrid approach, combining in-house execution with targeted subcontracting. This strategy allows the organization to leverage its strong in-house team for the majority of the project work while addressing the skill gaps through targeted subcontracting.

The moderate budget suggests that the project can support some level of subcontracting, but a full outsourcing approach may not be financially feasible. The mix of low and high-risk deliverables indicates that the organization can handle some aspects of the project internally, while the high-risk components may benefit from external expertise.

Although training existing staff to acquire the necessary skills is a viable long-term solution, it may not be suitable for this project due to time constraints and the immediate need for specialized skills. Executing the project entirely in-house may lead to challenges in delivering the high-risk components successfully.