CAPMHard

CAPM Practice: Demonstrate an understanding of project roles and responsibilities

Question 84 of 94 in Demonstrate an understanding of project roles and responsibilities

Pick an answer below — you'll get the explanation instantly, no signup.

Valentina Baranov is leading a software upgrade project at Kilowatt Power. A key stakeholder requests a major scope change that would require additional funding. Who is primarily responsible for approving this additional funding?

Show answer & explanation

Correct answer: The project sponsor, as they provide financial resources and authority

Explanation

The project sponsor is responsible for providing financial resources and has the authority to approve additional funding. While the project manager manages the budget day-to-day, major funding decisions require sponsor approval.

**Why not A:** While the project manager controls the day-to-day project budget, approving additional funding for scope changes exceeds their authority. Major financial decisions that increase the project's overall budget require sponsor authorization.

**Why not B:** The stakeholder who requested the change is not responsible for funding approval. Stakeholders can request changes, but the authority to approve additional funding rests with the project sponsor who controls the project's financial resources.

**Why not D:** The project team understands technical requirements but does not have authority over budget decisions. Approving additional funding is a strategic decision that falls within the project sponsor's authority, not the team's domain.

Key Concept

This question covers Demonstrate an understanding of project roles and responsibilities under Demonstrate an understanding of project roles and responsibilities (Project Management Fundamentals and Core Concepts).

All 1,500+ CAPM questions are free