Project Management Professional (PMP) — Question 375
A project manager has been assigned to a project after the charter has been approved. While reviewing the charter with the team, the project manager finds that some major budget items, necessary for achieving the project outcome, have been missed.
What should the project manager do next?
Answer options
- A. Immediately discuss this with the project sponsor and request to revisit the budget to ensure its accuracy
- B. Add the missing budget items to the risk log and present them in the next project steering committee
- C. Start the project and deal with these budget issues as they arise throughout the project life cycle
- D. Reduce the quality and cost of other deliverables to allow additional budget for the items that were missed
Correct answer: A
Explanation
The correct answer is A because it is essential for the project manager to communicate with the project sponsor to address any budget discrepancies immediately and ensure the project's financial foundation is solid. Options B and D are inadequate as they do not address the urgency of the missing budget items, and option C is risky as it suggests proceeding with known budget issues that could jeopardize the project's success.