Exam PMP topic 1 question 916 discussion

Actual exam question from PMI's PMP

Question #: 916
Topic #: 1

A project manager is leading a multiyear project. Near the end of the first year, the project manager checks to see if the whole budget allocated for the year will be used. Some features utilizing this year's budget were added later in the year as change requests, but these features will not be ready by the end of the first year.

What should the project manager do?

A. Ask the team to test partially ready features and check if payment can be authorized with a signed formal acceptance.
B. Authorize payment for the features ready this year and for the features planned for the following year that are now ready.
C. Approach the product owner and the financial department to create a new nonbinding contract without fixed deliverables.
D. Provide an update to the financial department regarding the status of the time line of the project.

Show Suggested Answer

Suggested Answer: D 🗳️

by Abdelmonm at Jan. 10, 2024, 5:09 a.m.

Comments

Submit Cancel

victory108

8 months ago

Selected Answer: D

D. Provide an update to the financial department regarding the status of the time line of the project

upvoted 1 times

...

517f9da

1 year, 2 months ago

Selected Answer: D

D. Provide an update to the financial department regarding the status of the time line of the project. Explanation: Updating the financial department about the status of the project ensures transparency and allows for informed decisions about budget allocation and adjustments. This communication helps align financial planning with the project's actual progress and future needs.

upvoted 1 times

...

UppersquareCapital

1 year, 6 months ago

Selected Answer: D

Option D is the most appropriate because it involves keeping the relevant stakeholders informed about the progress and potential impacts on the budget. The project manager should provide updates on the project's status, including the fact that some features planned for the first year will not be ready as initially expected. This allows the financial department to make informed decisions regarding budget allocation and financial planning for the subsequent years of the project.

upvoted 1 times

...

Abdelmonm

1 year, 6 months ago

Selected Answer: D

Option D is the most appropriate choice. When there are changes to the project scope or features that affect the budget allocation for the year, it's important to communicate this information to the financial department. The project manager should provide an update on the project timeline and discuss any adjustments needed in the budget planning.

upvoted 1 times

...