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PMP · Question #595
PMP Question #595: Real Exam Question with Answer & Explanation
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Submitted by minji_kr· Apr 18, 2026Process
Question
At the end of a project's initiation phase, the budget was developed and sent to the approval board. During the approval meeting, one of the key stakeholders asked how the budget was developed for future uncertainties. How should the project manager reply?
Options
- AProbabilistic analysis was used to develop the budget to address future uncertainties.
- BThe budget was developed by using the lessons learned from previous project data.
- CRecurrent team meetings are planned to control the budget against future uncertainties.
- DFeedback from stakeholders will be addressed at each board meeting to adapt the budget.
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Topics
#Budget Development#Uncertainty in Budgeting#Lessons Learned#Project Initiation