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PMI PMP Exam - Topic 3 Question 8 Discussion

During the execution of a project, the finance team identified that they were not involved in building the business case for the project and will not approve the estimated return on investment (ROI). What should the project manager do?
C) Schedule a meeting with the product owner and finance team to agree on course corrections
A) Revisit the communications management plan and make necessary adjustments
B) Revisit the scope management plan and note this as a risk
D) Continue developing based on the project management plan and address the issue post delivery

PMI PMP Exam - Topic 3 Question 8 Discussion

Actual exam question for PMI's PMP exam
Question #: 8
Topic #: 3
[All PMP Questions]

During the execution of a project, the finance team identified that they were not involved in building the business case for the project and will not approve the estimated return on investment (ROI). What should the project manager do?

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Suggested Answer: C

by Valentin at May 05, 2022, 12:05 AM

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Dierdre
7 months ago
Revisiting the scope might not be enough, though.
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Torie
7 months ago
C seems like the best option here!
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Jaclyn
7 months ago
Wait, how did they not notice this sooner?
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Carla
8 months ago
Definitely need to involve finance early on.
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Kirk
8 months ago
Sounds like a classic case of miscommunication!
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Shanice
8 months ago
I’m a bit confused about whether we should just keep going with the project or address the finance issue first. Option D seems risky to me.
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Trevor
8 months ago
This reminds me of a practice question where we had to address stakeholder engagement. I feel like option C is the best choice here.
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Gail
8 months ago
I'm not entirely sure, but I think revisiting the communications management plan might help, so maybe option A could be relevant too?
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Rosina
8 months ago
I remember we discussed the importance of involving all stakeholders early on, especially finance, so I think option C makes sense.
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Aja
8 months ago
This question seems straightforward. I think the key is understanding that functional cost analysis focuses on activities and workflows rather than organizational structure.
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Melissa
8 months ago
This looks straightforward, I'll just need to follow the steps carefully to set up the FTP backup.
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Ilona
8 months ago
Okay, I think I've got a handle on this. The key is to focus on whether the action re-executes the search or not. That's the main difference between the options.
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Cristy
8 months ago
I'm not quite sure, but I feel like Unified Management was heavily emphasized in our practice questions. Could it be in option B or D?
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Jovita
8 months ago
I remember holdings-based style analysis focuses on the actual securities in a portfolio, which gives a better perspective of the manager's style. But wasn't there a drawback regarding the time lag in its effectiveness?
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