Towards the end of stage 2, the stage 3 plan is being prepared. This includes the work required to promote the new courses to other training companies. In addition to the current ways of marketing the courses, the Sales Director wants to advertise in trade magazines. The likely costs involved and the opportunities it may bring have been identified.
As part of the 'update the project plan' activity, what should the project manager be responsible for?
Towards the end of stage 2, when preparing for stage 3, the project manager should update the project plan to reflect the effects of new plans, such as implementing magazine advertisements. This involves recording the impact on overall time and costs, which ensures the project plan remains accurate and comprehensive.
Shouldn't this be a B?
A is correct - part of updating the Project Plan B is part of updating the Product Description
Creating time and cost tolerances for the delivery of the magazine advertisements [A] is not relevant to this activity, as tolerances are set during the 'create the project plan' activity. Creating the product description, with detailed quality criteria, for the magazine advertisements [B] is not relevant to this activity, as the product description is created during the 'create the project plan' activity. Recording changes to ABC Company risk appetite as a result of using the magazine advertisements [D] is not relevant to this activity, as changes to risk appetite are recorded during the 'update the risk register' activity. Therefore, the appropriate action for the project manager during the 'update the project plan' activity is to record the effect of implementing the magazine advertisements on the overall time and cost of the project.
C is the best option
Ref 19.4.2 The project plan is updated to incorporate actual progress from the management stage that is finishing, and to include forecast duration and costs from the exception plan or stage plan for the management stage about to begin.