The quarterly financial statement has been released, and portfolios are losing funding for projects. Which of the following options are MOST appropriate to keep the project alive and on schedule?…

The correct answer is B. Reduce the features being released. D. Reduce quality control. When funding is reduced, the goal is to lower project costs while keeping the project alive. Reducing the features being released (B) directly reduces scope and, therefore, cost - this is a controlled scope reduction that preserves the core project. Reducing quality control (D)…

Project management concepts

Question

The quarterly financial statement has been released, and portfolios are losing funding for projects. Which of the following options are MOST appropriate to keep the project alive and on schedule? (Choose two.)

Options

AShorten the project duration.
BReduce the features being released.
CRequest more time with a smaller project team.
DReduce quality control.
EAsk for operational team support.

How the community answered

(30 responses)

A
17% (5)
B
70% (21)
C
10% (3)
E
3% (1)

Explanation

When funding is reduced, the goal is to lower project costs while keeping the project alive. Reducing the features being released (B) directly reduces scope and, therefore, cost - this is a controlled scope reduction that preserves the core project. Reducing quality control (D) also lowers cost by spending less on QA activities, accepting a calculated risk. Shortening project duration (A) might reduce labor costs but often requires more resources (crashing), which costs more. Requesting more time with a smaller team (C) extends the timeline without addressing the funding shortfall. Asking for operational team support (E) may shift some costs but does not reliably reduce the funding burden. B and D are the most direct levers for cost reduction.

Topics

#funding constraints#scope reduction#quality control#project viability

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