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PGMP · Question #109

What project management term would you associated with a predetermined budgetyou're your program?

The correct answer is B. Constraint. A predetermined budget imposed on a program before planning is complete represents a constraint because it limits the program manager's options and decisions.

Program Life Cycle Management

Question

What project management term would you associated with a predetermined budgetyou're your program?

Options

  • AProgram governance
  • BConstraint
  • CCost baseline
  • DAssumption

How the community answered

(22 responses)
  • B
    95% (21)
  • C
    5% (1)

Why each option

A predetermined budget imposed on a program before planning is complete represents a constraint because it limits the program manager's options and decisions.

AProgram governance

Program governance refers to the framework of policies, decision rights, and accountability structures used to manage the program, not a budget limit.

BConstraintCorrect

In project and program management, a constraint is any factor that limits the options available to the management team, including predefined limits on budget, schedule, or scope. A budget set externally before the program plan is developed restricts what the program can accomplish and how resources can be allocated. Constraints must be acknowledged and managed throughout the program lifecycle.

CCost baseline

A cost baseline is the approved version of the time-phased project budget, which is developed during planning - it is not the same as an externally imposed predetermined budget.

DAssumption

An assumption is something believed to be true for planning purposes without proof; a fixed budget is a known and imposed restriction, which is a constraint, not an assumption.

Concept tested: Identifying budget as a project or program constraint

Source: https://www.pmi.org/pmbok-guide-standards/foundational/pmbok

Topics

#Constraint#Program Budget#Program Planning#Financial Management

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