CompTIA Project+ PK0-005 Practice Question
You are managing a project and have been tracking the financial performance using a budget burndown chart. Recently, you notice that the actual spending is consistently above the planned spending line. Which action should you take in response to this observation?
Cut back on project activities to reduce costs
Expand the project scope to utilize additional resources
Adjust the budget to accommodate the higher spending
Investigate the overspending and adjust cost management strategies