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A team needs to follow defined cybersecurity compliance that is mandatory for a customer project. What should the project manager do to monitor compliance in the project?
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Question 720 - PMP discussion

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A company operates on a 2-year budgeting cycle. The project manager has been assigned a high-visibility project to deliver a brand new, innovative capability. While the requirements for the new capability are defined, the solution design is only beginning. The project manager's boss is concerned that the final solution will exceed the budget for the project.

What should the project manager do next to anticipate the budget impacts of the solution?

A.
Apply earned value techniques that compare planned to actual value delivered at key points in the project.
Answers
A.
Apply earned value techniques that compare planned to actual value delivered at key points in the project.
B.
Develop a work breakdown structure (WBS) and perform activity-based cost estimating.
Answers
B.
Develop a work breakdown structure (WBS) and perform activity-based cost estimating.
C.
Perform scenario planning on each of the solution designs and incorporate estimates into the next budgeting cycle.
Answers
C.
Perform scenario planning on each of the solution designs and incorporate estimates into the next budgeting cycle.
D.
Consult colleagues at other companies and use historical information to predict the final cost.
Answers
D.
Consult colleagues at other companies and use historical information to predict the final cost.
Suggested answer: B
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asked 23/09/2024
Ellee Chen
40 questions
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