PMP Question #561: Real Exam Question with Answer & Explanation

Question

A project manager works in a matrix organization and is managing an internal software development project that is intended to reduce conflicts in the company's internal tracking system. During development, the project manager is informed that the software has to account for an unexpected change to government accounting requirements. The development team was able to make the change with no additional cost; however, the project manager notices that the testing costs are beginning to exceed the testing budget. What should the project manager do?

Options

• AAsk the project sponsor to allocate funds from the contingency reserve to fund the additional
• BConduct a cost-benefit analysis to determine if the funds can be reallocated from the
• CSubmit a change request to the cost baseline through the governance process to fund the
• DUpdate the basis of estimates and the cost management plan to track the additional funding