Project Management Professional (version 2023)

Question 75 of 200

Review

A large construction project is progressing well as per the project objectives. The project manager would like to report the project's value to the project sponsor and seek the next phase of funding closure.
What should the project manager do?

Create a detailed project report on successes and challenges for the project sponsor

Arrange a site visit to show the project sponsor the construction progress in person

Ensure a measurement system is in place like earned value analysis (EVA) to track project value for the project sponsor

Submit a detailed report on the cost budget vs. the cost actuals as the project sponsor will want to know more about finances

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