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AACE International Exam AACE-PSP Topic 3 Question 36 Discussion

Actual exam question for AACE International's AACE-PSP exam
Question #: 36
Topic #: 3
[All AACE-PSP Questions]

Which of the following project planning situations is the most frequent contributor to cost overruns?

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Suggested Answer: D

by Latonia at Jun 12, 2025, 04:09 AM

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Gabriele
13 days ago
D. Inadequate definition of scope at the estimate (budget) stage. I mean, how can you budget for something you haven't fully defined? Rookie mistake.
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Tambra
15 days ago
Haha, I'll go with B. Insufficient planning for change management. You know what they say, the only constant is change, right? Gotta be ready for that!
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Tatum
3 days ago
User 1: I agree, B is a common reason for cost overruns.
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Cary
1 months ago
C. Inappropriate definition of work breakdown structure seems like the most common issue to me. If you don't break down the work properly, how can you estimate the costs accurately?
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Janey
7 days ago
C) Inappropriate definition of work breakdown structure
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Gaynell
11 days ago
B) Insufficient planning for change management
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Rodolfo
24 days ago
A) lack of detailed planning for operational start-up
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Rosendo
2 months ago
I believe insufficient planning for change management can also lead to cost overruns. Changes during the project can be costly if not managed properly.
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Britt
2 months ago
I think it's definitely D. Inadequate definition of scope at the estimate (budget) stage. That's the root cause of so many project cost overruns I've seen.
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Bobbie
21 days ago
A is important too, operational start-up planning is often overlooked.
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Pansy
30 days ago
C can also cause issues, work breakdown structure needs to be clear.
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Cristal
1 months ago
I think B is also a big factor, change management is crucial.
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Desmond
1 months ago
I agree, D is a major contributor to cost overruns.
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Vallie
2 months ago
I agree with Reita. If the scope is not clearly defined at the beginning, it's easy for costs to spiral out of control.
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Reita
2 months ago
I think the most frequent contributor to cost overruns is inadequate definition of scope at the estimate stage.
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