Q: As a project manager, you think about where your budget might exceed estimates and how the project might get off track. Which project planning component are you implementing?
or
Q: As a project manager, you consider how the project may go off course and where your budget could go over budget. Which aspect of project planning are you putting into practice?
- Project schedule
- Risk management plan
- Risk reviews
- Project budget plan
Explanation: You’re putting on your hat as a risk manager now! You are well into the area of risk management when you begin to consider where the budget may go off the tracks and how the project might deviate from the course that was set. It is the equivalent of possessing a crystal ball in order to predict probable obstacles and arrange for alternative routes.
