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PMI Project Management Professional (PMBOK 7th Version) PMP Question # 538 Topic 54 Discussion

PMI Project Management Professional (PMBOK 7th Version) PMP Question # 538 Topic 54 Discussion

PMP Exam Topic 54 Question 538 Discussion:
Question #: 538
Topic #: 54

After establishing a cost baseline and the appropriate cost management plan for a complex hybrid project, the project is still being challenged with cases of budgetary variations. What should the project manager do?


A.

Track budget variations and work with the key stakeholders to adjust as necessary.


B.

Approve budget variations upon request only when the cost performance index (CPI) is above 1.


C.

Reject budget variations upon request to discourage the waste of money on the project.


D.

Approve budget variations upon request to encourage rapid delivery of some components.


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