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Question 502 - PMP discussion

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A large multi-national company works on a project in an emerging-economy country. All business matters are conducted in local currency. During the course of the project, the budget becomes the primary concern due to currency instability in the country.

What should the project manager do next?

A.
Evaluate the situation with the team
Answers
A.
Evaluate the situation with the team
B.
Escalate the risk to the project sponsor
Answers
B.
Escalate the risk to the project sponsor
C.
Use the project's contingency reserve
Answers
C.
Use the project's contingency reserve
D.
Ask for additional budget from the client
Answers
D.
Ask for additional budget from the client
Suggested answer: C
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asked 23/09/2024
Balazs Jarmy
48 questions
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