hard · Project Management Professional adaptive
Cinderwell Water is managing a portfolio of infrastructure upgrades. One project, which was expected to provide a 15% increase in water-treatment efficiency, is now only forecasting a 5% increase due to updated technical data. The project is currently 80% complete and on budget.
What should the project manager do?
- Update the benefits management plan and continue execution since the project is still on budget. given the information provided
- Implement a cost-reduction plan for the final 20% of the project to offset the reduction in benefits.
- Surface the updated benefits forecast to the portfolio management office with an analysis of the project's reduced ROI.
- Complete the remaining 20% of the project, as the 'sunk cost' of 80% spend justifies finishing the work.
Sign up free to see the explanation and track your rank →
More Project Management Professional adaptive practice
- What is the most appropriate action for the project manager?
- What should the Scrum Master do first?
- What should the Scrum Master do next?
- Members of the Trestle Ports agile team have started forming… — How should the project man
- What should the Scrum Master do first?
- A project manager at Kestrel Civic is leading a team new to… — What is the best way for th
- During a Trestle Ports retrospective, several team members e… — How should the Scrum Maste
- Who is correct?