Project Management Professional (PMP) — Question 94

A senior project manager is working for a company that is not yet making a profit. However, the company has many innovative projects in development. Most of the project time lines have slipped, and the staff is overwhelmed.
What should the project manager do to help the company meet their financial objectives?

Answer options

• A. Prioritize the projects, giving higher priority to projects that will increase profit
• B. Ensure that all of the projects are of high quality and are delivered on time
• C. Request that upper management hire additional staff to support the projects
• D. Make sure the project is fast tracked so that slipped time lines are recovered

Correct answer: A

Explanation

The correct answer is A because prioritizing projects that will increase profit directly aligns with the company's financial objectives. Options B and C, while important for project management, do not specifically address the immediate need for profit generation. Option D focuses on speeding up projects but does not guarantee that the projects being fast-tracked will contribute to profitability.