Project Management Professional (PMP) Exam Practice – Question0784

A local supplier is unable to meet a delivery date. The project team did not anticipate this new threat to the supply of the product. Importing this product will cost the project twice the price that the local vendor charges.
What should the project manager use to fund this effort?


A.
Contingency reserve
B. Project budget reserve
C. Management reserve
D. Risk response reserve

Correct Answer: C