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?
Expand the project scope to utilize additional resources
Cut back on project activities to reduce costs
Investigate the overspending and adjust cost management strategies
Adjust the budget to accommodate the higher spending