Project Management Professional (PMP) Exam Practice – Question1272

A supplier delivers most of a project's functional requirements, but a few minor, latent defects require correction before the contracted payment can be made. Since the company's financial year end is approaching, what should the project manager do?


A.
Claim penalties for the value of the outstanding payment.
B. Arrange an extended financial project close until contract closure is completed.
C. Reduce the contract value, and convert the outstanding amount to a service order.
D. Pay the supplier in return for a written commitment to complete the work.

Correct Answer: B