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Knowing that there are no additional funds available, how should the project manager proceed?

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(@rippesteban)
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A project manager is working on a project that will transform the organization's operating model. The project manager reviewed the budget allocation for various phases and was informed that upper management will not approve any additional funds.

Knowing that there are no additional funds available, how should the project manager proceed?

  • A . Allocate the budget to the phases of the project and meet with upper management to consolidate the final funds.
  • B . Ensure that the budget is enough to cover the internal resources, since external supplies can be covered by procurement.
  • C . Allocate the budget to the deliveries that have higher business value for the organization than those with lower business value.
  • D . Decide to work on the small deliveries, leaving the big deliveries until the end of the project, and track critical expenses.

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Suggested Answer: C

   
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