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CCBA · Question #273

A business analyst is meeting with the customer of the project. The customer tells the business analyst that she can only allow the budget of $575,000 for the project. This budget is best described as

The correct answer is C. Financial constraint. A financial constraint is a limitation on the amount of money that can be spent on a project. It is one of the common types of constraints that affect project management, along with scope, time, quality, and risk constraints. A financial constraint can affect the feasibility, sco

Strategy Analysis

Question

A business analyst is meeting with the customer of the project. The customer tells the business analyst that she can only allow the budget of $575,000 for the project. This budget is best described as what type of constraint?

Options

  • ATechnical constraint
  • BVerified constraint
  • CFinancial constraint
  • DBusiness constraint

How the community answered

(31 responses)
  • A
    3% (1)
  • B
    6% (2)
  • C
    87% (27)
  • D
    3% (1)

Explanation

A financial constraint is a limitation on the amount of money that can be spent on a project. It is one of the common types of constraints that affect project management, along with scope, time, quality, and risk constraints. A financial constraint can affect the feasibility, scope, and quality of a project, as well as the resources and activities involved in it. A business analyst needs to identify and document the financial constraints of a project, as well as the assumptions and dependencies related to them. A business analyst also needs to monitor and control the project budget, and communicate any changes or issues to the stakeholders.

Topics

#financial constraint#budget constraint#constraint types

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