Project Management Professional (PMP) — Question 1231

A project manager is managing a project that has a new sponsor who is cutting the budget.
As a servant leader, how should the project manager handle the budget cuts with the team?

Answer options

• A. Notify the project sponsor that the budget reduction will require a schedule slip and scope reduction.
• B. Collaborate with the team to assess the impact of the change on the project and recommend an updated project plan.
• C. Inform each team member that they must release a portion of their budget but must remain on schedule with no change to the scope.
• D. Meet with the schedule coordinator and financial analyst to tell them which budget lines to reduce and where to release slack.

Correct answer: B

Explanation

The correct answer is B because collaborating with the team to understand the implications of the budget cuts fosters a sense of ownership and ensures that any adjustments to the project are well-informed. Option A is incorrect as it does not involve the team in the decision-making process. Option C is wrong since it imposes budget cuts without team involvement or consideration of the project's realities. Option D is also not suitable as it focuses on directives rather than collaboration.