Unlimited Access

Get Unlimited Contributor Access to the all ExamTopics Exams!
Take advantage of PDF Files for 1000+ Exams along with community discussions and pass IT Certification Exams Easily.

Get Unlimited Access

Pmi Discussions

Exam PMP topic 1 question 126 discussion

Actual exam question from PMI's PMP

Question #: 126
Topic #: 1

[All PMP Questions]

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?

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

Show Suggested Answer

Suggested Answer: A 🗳️

by TPObee at April 8, 2023, 3:32 p.m.

Comments

Submit Cancel

52d1fe0

2 weeks, 4 days ago

Selected Answer: A

project sponsor approved the project charter. When the budget is missing from the charter, discuss with the sponsor.

upvoted 1 times

...

victory108

11 months, 3 weeks ago

Selected Answer: A

A. Immediately discuss this with the project sponsor and request to revisit the budget to ensure its accuracy

upvoted 2 times

...

TPObee

1 year, 1 month ago

A is a good answer. Any opinion on B?

upvoted 1 times

suflam3

1 year, 1 month ago

Major budget item that is necessary for project completion, hence this is not a risk that can be avoided/mitigated. B is not suitable in this context.

upvoted 3 times

...