You are managing a marketing technology upgrade consisting of multiple sub-projects. Recent performance data shows that one sub-project’s costs have exceeded its plan, yet it is delivering advanced features ahead of schedule. Some team members believe these features will contribute more benefit to the overall program. Which action provides a more accurate understanding of this sub-project’s impact on the total program?
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Evaluate cost, schedule, scope, resource usage, and quality in a consolidated display to see whether the added features offset the extra costs
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Apply financial restrictions to all sub-projects to compensate for cost overruns among a few deliverables
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Summarize cost and schedule data for that sub-project to see if resources can be repositioned in other project areas
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Transfer tasks across sub-projects while bypassing the standard approval procedure
When creating a performance analysis report, collecting and reviewing cost, schedule, scope, resource, and quality data together reveals how each project’s successes or setbacks influence total outcomes. Narrowing analysis to cost and schedule alone may miss whether extra features provide measurable advantage. Applying cuts or reallocating tasks in haste often disrupts other initiatives and compromises planning. A consolidated review clarifies whether cost overrun is justified by benefits such as valuable features or accelerated timelines, supporting well-informed program decisions.
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PgMP
Program Life Cycle Management
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