Project Management Professional (PMP) — Question 1331
A project manager is planning a project with multiple work packages. Each work package has its own defined scope, but funding will be at the project level.
How should the project manager determine if the allocated resource budget is sufficient to cover the resource costs of the project?
Answer options
- A. Estimate the costs at the work package level and add those costs to calculate the total cost of the project and compare it to the allocated budget.
- B. Create a budget burndown and a scope burnup and then verify that the project scope is completed before the allocated budget is depleted.
- C. Divide the allocated budget by the number of work packages and verify that each work package can be completed within the allocated budget.
- D. Fund each work package in the order of its importance and shift any remaining scope from non-funded work packages to funded work packages.
Correct answer: A
Explanation
The correct answer is A because it involves estimating costs for each work package, summing them to establish a total project cost, and then comparing that to the overall budget. Options B, C, and D do not provide a comprehensive method for determining the sufficiency of the budget against the total cost of all work packages.