ACMP Global Certified Change Management Professional CCMP Question # 20 Topic 3 Discussion
CCMP Exam Topic 3 Question 20 Discussion:
Question #: 20
Topic #: 3
When executing the change management plan, it is possible that the initial financial forecasting of budget and resources may change. What are the key measures the change lead should take to ensure senior stakeholders are kept informed?
A.
Provide regular reports on spending against the budget for senior stakeholders to ensure transparency
B.
Provide updates to senior stakeholders only if and when the planned budget is impacted to minimize confusion and time
C.
Ask the project/program manager to provide updates on the planned budget for the change
D.
Regularly send an email to the project team asking for more funding for resources as needed
The ACMP Standard underscores the importance offinancial transparencyin maintaining sponsor and leadership confidence. The best practice is to provideregular reports on spending versus budget. Option B risks delayed awareness, C passes accountability away from the change lead, and D is unstructured. Therefore, option A is the correct approach to ensuring senior stakeholders are fully informed.
(Reference: ACMP Standard, Process Group 4 – Execute; Activity: Provide transparent reporting on budget and resources to stakeholders.)
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