If a Project Sponsor Wants to Know the Current Status

question 60

Multiple Choice

If a project sponsor wants to know the current status and progress of a project, which of the following is the BEST approach to find this information?

• A) The project sponsor should obtain the current status from team members, put it into a presentation, and present it to the project manager for review.
• B) The scheduler should obtain the current status from team members, apply it to the baseline of the schedule, and run a report.
• C) The scheduler should obtain the current status from team members, update the project charter, project management plan, dashboard, and SOW, and then create a status report to provide to the project manager.
• D) The scheduler should obtain the current status from team members, update the risk register, and provide the information to the project champion for review.

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Definitions:

Inflation-Adjusted

An adjective describing the modification of financial figures to reflect changes in the purchasing power of money, allowing for comparison over time.

Income Tax Revenue

The total sum of money collected by the government from individuals or businesses based on earned income and profits.

Elastic

Describes a situation in which the demand or supply for a good or service significantly changes in response to a change in price.