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Exam CAPM topic 1 question 142 discussion

Actual exam question from PMI's CAPM
Question #: 142
Topic #: 1
[All CAPM Questions]

Which process is engaged when a project team member makes a change to project budget with the project manager's approval?

  • A. Manage Cost Plan
  • B. Estimate Costs
  • C. Determine Budget
  • D. Control Costs
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Suggested Answer: D 🗳️

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Fav24
2 months, 1 week ago
Control Costs is where the actual budget changes and adjustments occur.
upvoted 1 times
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theplaceholder
1 year, 3 months ago
Selected Answer: D
Definitely D.
upvoted 2 times
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crystal311o
1 year, 4 months ago
It should be D. PMBok pg.622 says, "Control Costs is the process of monitoring the status of the project to update the project costs and managing changes to the cost baseline. Key benefit is that the cost baseline is maintained throughout the project." Whereas on pg. 248, "Determine Budget is aggregating the estimated costs of individual activities or work packages to establish an authorized cost baseline. Key Benefit is that it determines the cost baseline against which project performance can be monitored and controlled."
upvoted 3 times
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adingmaki
1 year, 6 months ago
It's D. Project manager needs stakeholder/ CCB approval. Imagine your team member changing the project budget without your stakeholders knowing. Just the PM approving it. It's a disaster. No change requests in determine budget strictly speaking. Also change in budget means change in other aspects such as schedule activities and resources. Which ultimately goes back to the control
upvoted 3 times
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Hungdv
1 year, 8 months ago
D is answer. The Control Costs process is part of the Project Cost Management knowledge area and is focused on monitoring the status of the project to update project costs and manage changes to the cost baseline. In this process, the project manager reviews the project's actual costs and compares them to the planned costs to identify variances. If a project team member makes a change to the project budget with the project manager's approval, this change would be captured and documented as part of the Control Costs process.
upvoted 4 times
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anfacer
1 year, 11 months ago
Selected Answer: C
C determine budget. control cost is used to determine a change, and in this case the change has been determined and approved, so has to be implemented
upvoted 1 times
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wencai002
3 years, 3 months ago
c determine budget
upvoted 1 times
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