Project Management Answers

Imagine you are in charge of the budget for a project. You understand the stakeholder needs and have budgeted for surprise expenses. Which of the following is a budgeting task you need to do over the course of the project?

Q: Imagine you are in charge of the budget for a project. You understand the stakeholder needs and have budgeted for surprise expenses. Which of the following is a budgeting task you need to do over the course of the project?

or

Q: Assume you are in control of a project’s budget. You have planned for unforeseen costs and are aware of the demands of the stakeholders. Throughout the project, which of the following is a budgetary activity you need to complete?

  • Procure additional funding
  • Rebudget and restart
  • Cancel planned expenses
  • Review and reforecast

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