A. Review the risk management plan.
B. Check the total cost and add a reserve to cover quality issues.
C. Ask the PMO to increase the budget according to company policies.
D. Add a percentage to the cost based on previous experiences.
What should the project manager do to address the situation without jeopardizing project outcomes?
A. Hold a team meeting to obtain the information needed for a quantitative risk analysis.
B. Review the risk management plan to see if a quantitative risk analysis is required.
C. Meet with the project sponsor to review the identified risk, and issue a risk response plan.
D. Perform a quantitative risk analysis, and update the risk register and risk response plan.
A. Earned value (EV)
B. Critical path
C. Trend
D. Cost
A. Request an audit of all deliverables, an apply penalties to the vendor.
B. Demand the necessary corrections from the vendor, and update the progress report.
C. Conduct an audit of all deliverables, and hire another vendor.
D. Insist that the vendor make all necessary corrections, and update the risk register