A project manager is leading a project to implement a new accounting standard. The CFO is the sponsor. The PM realizes that the CFO has not been attending the steering committee meetings and is delaying key decisions. What should the PM do?

Answer options:

Proceed without the decisions.

Complain to the CEO.

Schedule a private meeting with the CFO to discuss the impact of the delays and reaffirm their engagement/expectations.

Replace the sponsor.

How to approach this question

Disengaged Sponsor -> Direct Conversation.

Full Answer

C.Schedule a private meeting with the CFO to discuss the impact of the delays and reaffirm their engagement/expectations.✓ Correct

Task 4 (Engage stakeholders) and Task 9 (Collaborate). Even sponsors need management. The PM must explain the consequences of inaction to get the sponsor back on track.

Common mistakes

Being passive or bypassing the sponsor.

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