Exam PMP Topic 1 Question 70 Discussion

Actual exam question for PMI's PMP exam
Question #: 70
Topic #: 1
A large construction project is progressing well as per the project objectives. The project manager would like to report the project's value to the project sponsor and seek the next phase of funding closure.
What should the project manager do?

Suggested Answer: A Vote an answer

Earned Value Analysis (EVA) is a project management technique used for monitoring and controlling project performance by integrating scope, schedule, and cost parameters. It is a critical tool for project managers to report the project's value and is particularly useful for large projects where tracking progress against the budget is essential. EVA provides a set of mathematical metrics that reflect the health of the project and is used to report information for the current reporting period and on a cumulative basis. This method allows project managers to identify variances from the plan and forecast future performance, which is crucial for seeking further funding and demonstrating the project's value to sponsors.
References: (Earned Value Analysis & Management (EVA/EVM) - Project-Management.info1, Professional in Business Analysis Reference Materials | PMI2)

by Donahue at Aug 26, 2026, 08:23 PM

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