Project Management Professional (PMP) — Question 1162

A project is in the middle of the fifth iteration. Due to a sudden slump in the economy, the company recorded a drastic reduction in revenue. The strategic direction was to Implement cost-reduction measures immediately.

What should the project manager do next?

Answer options

Correct answer: D

Explanation

The correct answer is D because discussing priorities with the product owner allows for an informed decision on what can be cut from the backlog, aligning project goals with current financial constraints. Option A fails to address the need for immediate cost reductions, B delays action by waiting for sponsor input, and C does not consider the financial situation, which could lead to further issues.