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Question 1197 - PMP discussion
A project manager receives information in preparation for reporting the project's monthly performance to the project steering committee:
Actual progress = 2 units
Planned progress = 3 units
Actual cost (AC) = 2 units
Budgeted cost = 3 units
What statement should the project manager make to the project steering committee?
A.
The project is currently behind schedule but at a lower cost, and an application for a time and budget extension will be submitted
B.
The project is currently behind schedule with a corresponding cost savings, and no further actions should be taken
C.
The project is currently behind schedule with a corresponding lower cost, and every effort is being made to expedite the delayed activities
D.
The project is currently behind schedule but is under the planned expenditure, and the project manager is pleased to declare a project cost savings
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