Project Management Professional (PMP) — Question 803

During project execution, a project manager discovers that the budget at completion has shifted significantly and is higher than expected. What should the project manager do?

Answer options

• A. Perform a root cause analysis of the project performance.
• B. Adjust the original budget estimates with the current cost variance.
• C. Review the activity duration to reforecast the project completion date.
• D. Negotiate the project changes and adjust stakeholder expectations.

Correct answer: A

Explanation

The correct answer is A, as performing a root cause analysis will help identify the reasons behind the budget increase, allowing for informed decision-making. Options B and C focus on adjusting the budget or timeline without understanding the underlying issues, while option D involves negotiation without addressing the root causes of the budget shift.