Home Forums PMP Questions and Answers Discussion Cost Management Question 15

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  • #2462
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    The project budget is proving to be inaccurate. The team has had negative deviation from the activity attributes and the sponsor has inserted herself on the change control board. What is the BEST thing for the project manager to do?

    a) Try to encourage the sponsor to remove herself from the change control board.
    b) Recomputed the project schedule
    c) Reestimate the activity attributes
    d) Calculate the cost performance index.

    #2463
    admin
    Keymaster

    The correct answer is C.

    Re-estimating activity attributes provides extra information whether the cost estimates are proper or not.

    Pass PMP in the First Attempt : PMP Strategy

    Revise Cost Management Concepts: Project Cost Management

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