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PK0-005 · Question #416

PK0-005 Question #416: Real Exam Question with Answer & Explanation

The correct answer is D: Present the projects that are underway and describe their relevance to the organization.. When a company announces cost reduction plans, the project manager should proactively communicate the value of ongoing projects to justify their continuation. By presenting the progress, benefits, and alignment of the projects with business objectives, the project manager can hel

Project Management Concepts

Question

After returning from a vacation, a project manager learns the company's new administration released a memo communicating plans to reduce costs in projects. Which of the following should the project manager do first?

Options

  • ATransfer the projects to an external consulting firm to prevent their failure.
  • BWait for the new administration to express opinions about the projects.
  • CResign and leave the projects, as there will be no chance to finish them.
  • DPresent the projects that are underway and describe their relevance to the organization.

Explanation

When a company announces cost reduction plans, the project manager should proactively communicate the value of ongoing projects to justify their continuation. By presenting the progress, benefits, and alignment of the projects with business objectives, the project manager can help decision-makers assess their importance and potential ROI. This approach increases the likelihood of securing necessary resources while aligning with the organization's new cost- cutting priorities.

Topics

#Project communication#Stakeholder management#Project advocacy#Change management

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