A project sponsor informs the project manager that the project completion date must be moved one month earlier. Which of the following should the project manager do NEXT?

The correct answer is B. Recalculate the schedule and cost variance, and report the changes to the project stakeholders. When a sponsor requests a change to the project, the project manager's immediate next step is to assess the impact of that change and communicate the findings to stakeholders (B). Recalculating schedule and cost variance quantifies what the acceleration means for the project…

Project management concepts

Question

Options

ARecalculate the critical path, determine the new cost, schedule baselines, and initiate the change
BRecalculate the schedule and cost variance, and report the changes to the project stakeholders
CCalculate the cost of crashing the schedule, and obtain the stakeholders' approval for the new
DCalculate the additional resource requirements that are necessary to meet the new project

How the community answered

(23 responses)

A
13% (3)
B
65% (15)
C
17% (4)
D
4% (1)

Explanation

When a sponsor requests a change to the project, the project manager's immediate next step is to assess the impact of that change and communicate the findings to stakeholders (B). Recalculating schedule and cost variance quantifies what the acceleration means for the project. This analysis informs all subsequent decisions - such as whether to crash, fast-track, or request additional resources. Jumping straight to modifying baselines (A), crashing decisions (C), or resource planning (D) would be premature without first performing the impact analysis and informing stakeholders.

Topics

#schedule variance#cost variance#schedule compression#baseline impact

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