Project Management Professional (PMP) — Question 1034
A client comes to the company asking to copy a project that was executed 2 years ago in the same city, with the expectation that the new project will have the same cost and duration. While finalizing the project management plan, the project manager realizes that the baseline costs are much higher than the original project.
What could the project manager have done to avoid this?
Answer options
- A. Assigned the same project resources to this project
- B. Determined a budget reserve for this project
- C. Verified applicable budget inputs related to this project
- D. Estimated a budget for the project's quality management
Correct answer: C
Explanation
The correct answer is C because verifying applicable budget inputs ensures that the project manager accounts for any changes in costs and other financial factors that may have occurred since the previous project. Options A and B do not address the need to assess current budget conditions, while D focuses on quality management rather than overall cost management.