Project Management Professional (PMP) — Question 1068

A project manager’s transformation project has been delayed due to unexpected issues with the information technology (IT) systems. These issues are likely to impact the project budget, but the project manager is working hard to make ensure there is no impact on the project's schedule and scope.

Which two actions should the project manager take before proposing a budget rebaseline to upper management for approval? (Choose two.)

Answer options

• A. Consider schedule compression techniques to shorten or accelerate the schedule duration without reducing the project scope.
• B. Consider using resource leveling to more accurately reflect the work commitments of the resources.
• C. Apply data analysis techniques, variance analysis, and trend analysis.
• D. Analyze the budget based on the revised estimates and responses from similar situations in the past.
• E. Raise a change request with high priority to be discussed in the upcoming governance meetings.

Correct answer: C, D

Explanation

Options C and D are correct because applying data analysis techniques and analyzing the budget based on revised estimates are crucial steps to understand the financial implications before making any changes. Options A and B, while relevant to managing schedule and resources, do not directly address the budget rebaseline. Option E is premature as the project manager should first gather and analyze data before escalating the issue.