Project Management Professional (PMP) — Question 128
The project manager of an agile project has been asked to reduce the budget by 30%. Since this is a small project team, the budget is primarily allocated to resources.
What strategy should the project manager use in order to keep delivering value in a restricted environment?
Answer options
- A. Reduce the project staff and adjust the scope and timelines accordingly in support of the budget reduction
- B. Balance the project team in order to accommodate the budget challenges, and provide training to mitigate the risk of low performance
- C. Prioritize the product backlog looking for high business value and low effort, and adjust the project budget and staffing to account for those items
- D. Restrict the project scope only to basic critical features and run the project with the current staffing level until all of the budget is consumed
Correct answer: C
Explanation
The correct answer is C because prioritizing the product backlog allows the team to focus on delivering the most valuable features while effectively managing the reduced budget. Options A and B do not prioritize value delivery as effectively, and option D risks delivering less value by constraining scope without leveraging high-value tasks.