CAPM Practice: Demonstrate an understanding of project roles and responsibilities

The project sponsor has the authority to approve additional funding and major resource allocations. The sponsor provides financial resources and support for the project and makes high-level decisions about budget increases.

**Why not A:** The project team executes the work of the project but does not have authority to approve additional funding. Funding decisions of this magnitude require organizational-level authorization that team members do not possess.

**Why not B:** The project manager manages the approved budget and day-to-day project activities but typically does not have the authority to approve additional funding for major scope changes. The PM can recommend and facilitate the decision, but approval authority rests with the sponsor.

**Why not D:** While a change control board evaluates and approves scope changes, the authority to approve additional funding typically rests with the project sponsor who has financial authorization. The CCB assesses the change impact, but the sponsor approves the funding allocation.