Q: 6
You are a project manager taking over a project that’s in the definition phase. The project sponsor
asks you to prepare for an upcoming budget review as they have concerns regarding the lack of cost
control shown by the project to date.
Which of the following actions would best improve the project sponsor's confidence in how you will
control costs?
Options
Discussion
B . C is tempting but that's for performance tracking, not planning control. Cost breakdown structure is what the sponsor wants here.
Ugh, feels like textbook APM wants B here. Cost breakdown structure is what gets the sponsor to chill about spending plans, not just reporting past numbers. Agree with B unless I missed some hidden angle.
Feels like B. Building a cost breakdown structure shows the sponsor exactly how costs are allocated and managed, which directly targets their concerns about control. Seen this style of question before, usually B is the pick. Let me know if you disagree.
Probably B here-cost breakdown structure directly tackles future cost control, which the sponsor is worried about. C is tempting but more for tracking past performance than planning ahead. Seen similar question in practice material.
Not B, C. If the question was about demonstrating how you’ve tracked costs so far, wouldn’t creating an earned value report (option C) show past performance better? I’d go with C unless they want a plan for future control rather than current/past tracking. Is the keyword here "best improve confidence" about future actions or showing history?
Wouldn't the sponsor want to see exactly how costs are structured moving forward? A cost breakdown structure (B) gives them that detail, so makes sense as the best way to show proactive cost control. Open to other takes if I'm missing something here.
C or B. Earned value report (C) does show cost control, but it's more about tracking current performance. Creating a cost breakdown structure (B) feels more proactive for giving the sponsor confidence, since it details how you'll manage costs moving forward. Not totally sure though-could see some logic in C.
B tbh, if cost categories were already defined somewhere else then A could matter more.
Likely B here. Cost breakdown structure is what the sponsor needs to see real control, since it details how costs are managed at each level. Option C is tempting but that's after-the-fact reporting, not upfront control. Let me know if you read it differently.
Feels like B fits best here. Cost breakdown structure directly shows the sponsor your plan to manage and monitor costs.
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