Program Management Professional (PgMP) — Question 185

The program manager plans to address a negative cost variance generating a red flag in the program management status report.
What should the program manager do?

Answer options

• A. Contact the project sponsors to present the details, impacts, and possible corrective actions regarding the negative cost variance.
• B. Gather all the details, analyze impacts, determine corrective actions and present the findings to the governance board for direction.
• C. Work with program sponsor to compile impact analysis data to obtain additional funding for the program.
• D. Ask the program team to compile all details, analyze impacts, determine corrective actions and present to the governance board for direction.

Correct answer: B

Explanation

The correct answer is B because it emphasizes the need for a thorough analysis and presentation of findings to the governance board, which is critical for making informed decisions. Option A is insufficient as it does not include a detailed analysis or presentation of findings. Option C focuses solely on funding without addressing the core issue, while option D delegates the analysis to the team rather than taking direct responsibility for it.