PMP Exam Question 69

Aligned with PMBOK 6th EditionĀ®.

Strict Project Budget

The development of a new website has been a project with a high variability level in which the scope has not been fully defined yet. Tom, as project manager, has a strict budget which the project must follow. What should Tom do?

A. Propose a formal change request to modify the cost baseline.
B. Propose adjustments of scope and schedule baselines to stay within cost constraints.
C. Use a lightweight estimation method to provide a new cost estimate.
D. Pull a communication to subcontractors.

February 16, 2020

2 responses on "PMP Exam Question 69"

  1. PMP Solution 69

    Projects with high degrees of uncertainty or those where the scope is not yet fully defined may not benefit from detailed cost calculations due to frequent changes. Instead, lightweight estimation methods can be used to generate a fast, high-level forecast of project labor costs, which can then be easily adjusted as changes arise. Detailed estimates are reserved for short-term planning horizons in a just-in-time fashion. In cases where high-variability projects are also subject to strict budgets, the scope and schedule are more often adjusted to stay within cost constraints. Therefore, the right choice for this question is B. [PMBOK 6th edition, Page 234] [Project Cost Management]

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