How can a change manager ensure financial transparency and sustained leadership confidence?
A.
Regular informal bonding sessions
B.
Keep track of the spend by posting it on a screen or whiteboard for every meeting
C.
Regular focus on cost management initiatives
D.
Regular reports of spending against budget
The Answer Is:
D
This question includes an explanation.
Explanation:
Leadership confidence is built onfinancial transparency. ACMP recommends providingregular reports of spending versus budgetas part of change management governance. Informal updates or public postings lack rigor, and focusing on cost initiatives alone doesn’t address accountability. Regular financial reporting (option D) demonstrates responsible stewardship, builds trust with executives, and supports continued investment in the change effort.
(Reference: ACMP Standard, Process Group 4 – Execute; Activity: Provide regular progress and resource utilization reports to governance bodies.)
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