Certified Associate In Project Management CAPM · Free Practice Question Easy
Question 34
How should unexpected costs be handled in a predictive, plan-based project environment?
- A Modify the project budget to accommodate the unexpected costs
- B Rely on contingency plans to cover the costs
- C Ignore the costs and hope they go away
- D Reallocate existing project resources to cover the costs
Reveal correct answer
Correct answer: A
Explanation
In a predictive, plan-based project environment, unexpected costs should be addressed by modifying the project budget to accommodate the additional expenses. This requires a thorough assessment of the situation, an evaluation of the impact on the project timeline and budget, and the development of a plan to allocate the necessary resources to cover the additional costs. Ignoring the costs or relying on contingency plans alone may not be sufficient to keep the project on track, and reallocating existing resources may impact other critical aspects of the project. Modifying the budget is the best approach to ensure that the project remains on track and meets its goals and objectives. PPBM27Discussion
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