PK0-004 · Question #694
Adhering to the project budget is MOST impor
The correct answer is C. Monitor and controlling. Budget adherence is most critical during Monitor and Controlling, where actual expenditures are compared against the cost baseline and corrective actions are taken.
Question
Adhering to the project budget is MOST impor
Options
- APlanning
- BInitiating
- CMonitor and controlling
- DClosing
How the community answered
(23 responses)- B4% (1)
- C87% (20)
- D9% (2)
Why each option
Budget adherence is most critical during Monitor and Controlling, where actual expenditures are compared against the cost baseline and corrective actions are taken.
Planning establishes the budget baseline but does not involve active monitoring of actual spending against it.
Initiating focuses on authorizing the project and defining high-level goals, not controlling expenditures.
Monitor and Controlling is the process group dedicated to tracking, reviewing, and regulating project progress and performance, including cost. The project manager compares actual spending against the cost baseline here and takes corrective action when variances are detected, making it the phase where budget adherence is actively enforced.
Closing finalizes project activities and releases resources; meaningful budget control must occur before this phase.
Concept tested: Monitor and Controlling process group budget management
Source: https://www.pmi.org/pmbok-guide-standards/foundational/pmbok
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