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The investment committee is the authority for the approval of funding required for a business...

The investment committee is the authority for the approval of funding required for a business improvement project. The investment committee approved funding to complete

the preliminary feasibility study. The project is on an expedited schedule, and the project manager requires interim funding to continue with the preliminary feasibility

activities that must commence immediately.

How should the project manager get these funds approved?

A.

Wait until the next investment committee meeting to submit the request and include the delay in the schedule due to work that could not start.

B.

Continue with the preliminary activities and inform the investment committee at the next monthly meeting.

C.

Exclude the preliminary scope from the full project scope and continue it as a new project that does not require investment committee approval.

D.

Submit the request to the project director for interim approval and include this approval for discussion at the next investment committee meeting.

PMI PMP Summary

  • Vendor: PMI
  • Product: PMP
  • Update on: Aug 13, 2025
  • Questions: 1988
Price: $52.5  $149.99
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