Exam PK0-004 topic 1 question 47 discussion

Since the project is over budget, it is necessary to take corrective action to address this issue. Issuing a change request is an appropriate step to take in order to formally request changes to the project scope, schedule, or budget, and to assess the impact of those changes on the project baseline. Updating the project management plan, revising the project charter, and evaluating the impact to the baseline may also be necessary, but these steps would typically follow the issuance of a change request.

Since the project is over budget, the next step the project manager should take is to evaluate the impact to the baseline. Therefore, option D is the correct answer. The project baseline is the approved project plan that includes the scope, schedule, and budget. When the project is over budget, the project manager needs to determine the cause of the variance and evaluate the impact to the baseline. This evaluation will help the project manager determine the necessary actions to take to bring the project back on track.