As a project manager you are reviewing a report of the actua - PMP Practice Questions
Question
As a project manager you are reviewing a report of the actual cost of the completed work packages. You realize that a few work packages are completed with an actual cost which is substantially lower than their budgeted cost.
You will immediately do all of the following actions except?
Answers
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correct
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Explanation
The correct answer is 1. Try to find ways to increase the actual costs.
As a project manager, it is not advisable to find ways to increase actual costs when work packages are completed under budget. Instead, your focus should be on ensuring that the proper resources were used, the scope was fully delivered, and the quality of work was not compromised. If all requirements have been met within the reduced cost, this could simply reflect increased efficiency. Increasing costs for the sake of aligning with the budgeted amount would be counterproductive and unethical.
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