Crucial Exams

PgMP Practice Question

A multi-year transformation program is facing new economic headwinds and unexpected cost increases from a key vendor. With the steering committee questioning the budget for the next phase, what is the program manager's most critical action to justify continued investment and ensure the program's viability?

  • Immediately escalate the budget challenge to the executive sponsor, relying on their authority to secure the necessary funding and overcome the committee's objections.

  • Conduct a formal review of the business case, comparing current cost and benefit projections against the original baseline to provide an updated feasibility assessment.

  • Fast-track a high-value project component planned for a later phase to demonstrate quick wins and build momentum with stakeholders.

  • Initiate a scope reduction exercise to lower costs, presenting a revised plan without first reassessing the impact on the originally promised benefits.

PgMP
Strategic Program Alignment
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