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PMI PMP Exam - Topic 2 Question 53 Discussion

A project manager who recently joined the company has been assigned to manage a software project for a major recurring customer. What should the project manager do toenhance the budget estimations for the project?
B) Review budget-related lessons learned from similar projects.
A) Discuss the budget with the team during the daily standups to ensure the budget is under control.
C) Invite the client to the kick-off meeting and create the project budget during the meeting,
D) Implement an agile approach to avoid using a fixed budget,

PMI PMP Exam - Topic 2 Question 53 Discussion

Actual exam question for PMI's PMP exam
Question #: 53
Topic #: 2
[All PMP Questions]

A project manager who recently joined the company has been assigned to manage a software project for a major recurring customer. What should the project manager do to

enhance the budget estimations for the project?

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Suggested Answer: B

by Dierdre at Jun 14, 2022, 06:45 PM

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Merlyn
9 months ago
Budgeting during the kick-off? That’s bold!
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Jina
9 months ago
Agile approach? Not sure if that really helps with budgeting.
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Shad
9 months ago
Inviting the client to the kick-off meeting sounds risky.
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Talia
9 months ago
I think discussing it in daily standups is a good idea too.
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Ricki
9 months ago
Definitely review budget lessons from past projects!
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Delsie
10 months ago
Inviting the client to the kick-off meeting sounds good, but I'm worried about how effective that would be for creating a solid budget on the spot.
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Huey
10 months ago
I'm not sure if discussing the budget in daily standups is enough. It feels like we need a more structured approach for something as critical as budgeting.
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Cordell
10 months ago
I remember we discussed the importance of reviewing lessons learned from past projects. That could really help with budget estimations.
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Essie
10 months ago
I think implementing an agile approach could be beneficial, but I wonder if it really helps with budget control or just adds more uncertainty.
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Leigha
10 months ago
This seems straightforward enough. I'll just follow the instructions and configure the interfaces on the routers. As long as I get the addressing correct, the ping test should work.
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Katie
10 months ago
Hmm, this question seems straightforward, but I want to make sure I understand the differences between process data objects and project data objects. I'll need to review those concepts carefully.
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