Which of the following must be done by project team members to assist the project manager in monitoring a project budget? Report the impact of completing a deliverableRecord effort continuously during the completion of a taskRecord the risks associated with the project tasksReport services provided by a vendor with a fixed bid contract
Question
Which of the following must be done by project team members to assist the project manager in monitoring a project budget? Report the impact of completing a deliverableRecord effort continuously during the completion of a taskRecord the risks associated with the project tasksReport services provided by a vendor with a fixed bid contract
Solution
To assist the project manager in monitoring a project budget, project team members must:
- Report the impact of completing a deliverable: This involves communicating the financial implications of each deliverable. This could include the cost of resources used, the time spent, and any other expenses incurred. This information can help the project manager track whether the project is staying within
Similar Questions
When monitoring the project schedule, which task is performed by the project team member?Records effort spent on tasks during the projectCompares actual time to complete a task to original time estimatesConsiders resource realignment if tasks are off-trackApproves change requests to hire more labor to complete tasks
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