Exam CFM Topic 3 Question 170 Discussion

Actual exam question for IFMA's CFM exam
Question #: 170
Topic #: 3

You are looking for ways to bring a project plan in on budget and on time. The project is still in the planning phase. At this time, the project's staffing is set up to be contracted for everything except project management.
You think that human resources might be a constraint that you could change to re-balance the project's budget. Where would you look for human resources that would help bring down the project budget?

A. Use students and volunteer labor. Since these individuals work without payment, they will extend your workforce and accomplish the work under close supervision of skilled staff. B. Plan to have 24x7 shifts. This will decrease the time length of the project, which will cut the staffing requirements. C. Ask contractors to cut their staffing model to match your budget. Contractors tend to over-budgetstaff as a way to build in contingency. D. Use in-house staff that either have the desired skills or are seeking to develop skills and experiences.This may mean negotiating trade-offs with other projects or departments.

Suggested Answer: D Vote an answer

Usingin-house staffwithrelevant skills or development interestsis the most practical and cost-effective way to manage the project budget. This approach:
* Reduces external labor costsby leveraging existing workforce.
* Enhances staff skill development, improving organizational competency.
* Balances workload across departments, ensuring optimal resource use.
Whilestudents and volunteers (A)lack reliability and expertise,24x7 shifts (B)may lead toburnout and inefficiency. Asking contractors tocut staff (C)can compromise quality and lead to project delays.

by Julius at Apr 25, 2026, 02:28 AM

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