Consider the following project circumstances. Assume the information is accurate.
PV = $5,000,000
EV = $9,000,000
AC = $12,000,000
BAC = $15,000,000
Estimated Duration = 24 months
Elapsed Time To Date = 15 months
The project sponsor has called the PM into her office and asked the PM to resolve the most serious problem represented by the data shown above. Which of these options would be most appropriate and important for the PM to consider first in following the sponsor's request?
A) Crash critical path activities to compress the schedule.
B) Negotiate a later due date.
C) Add WBS items to match customer expectations
D) Work with suppliers to expedite deliveries and catch up on schedule delays
E) Check for scope creep
F) A and B only

Question

Consider the following project circumstances. Assume the information is accurate.
PV = $5,000,000
EV = $9,000,000
AC = $12,000,000
BAC = $15,000,000
Estimated Duration = 24 months
Elapsed Time To Date = 15 months
The project sponsor has called the PM into her office and asked the PM to resolve the most serious problem represented by the data shown above. Which of these options would be most appropriate and important for the PM to consider first in following the sponsor's request? 
A) Crash critical path activities to compress the schedule.
B) Negotiate a later due date.
C) Add WBS items to match customer expectations
D) Work with suppliers to expedite deliveries and catch up on schedule delays
E) Check for scope creep
F) A and B only

Quizplus · Accepted Answer

The most serious problem indicated by the data is the cost overrun, as the Actual Cost (AC) is significantly higher than the Earned Value (EV). Checking for scope creep is important to ensure that the project is not incurring additional costs due to unauthorized changes in scope.

Consider the Following Project Circumstances