Free PMI Project Management Professional (PMP) Practice Question

A project manager is reviewing the cost performance index (CPI) and realizes that the project is currently running under budget with a CPI of 1.2. Considering the importance of maintaining an up-to-date budget, what is the BEST next step for the project manager to ensure proper budget management moving forward?

  • Maintain the current spending rate as it indicates a well-estimated budget.

  • Use the surplus budget to increase the project scope without further analysis.

  • Immediately communicate to stakeholders that the project is under budget to demonstrate efficient use of resources.

  • Reforecast the project budget based on current performance to determine if adjustments are needed.

This question's topic:
PMI Project Management Professional (PMP) / 
Process
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