Scan QR code or get instant email to install app
Question:
As the project manager for a prominent law firm, Brad's latest project involves an office move to accommodate a 10 percent growth in staff over the next two years. He calculates that he will be $2,000 over budget due to an unexpected increase in infrastructure costs. To determine whether this exceeds the allowable threshold for budget overages, which document can Brad reference?
A
Cost management plan.
explanation
The approved approach for determining, managing, and controlling the budget is described in the cost management plan. This plan also captures additional key details including the rules of performance measurement, control thresholds, units of measure and levels of precision used, etc.
Related Information
Comments