You are a project manager working on contract. You’ve performed earned value analysis and discovered that the project will be completed on time and under the original estimated amount. This means the profit to your company will decrease as will your personal bonus. Which of the following should you do?
A. Add activities to the project to increase the cost enough to meet the original estimated amount.
B. Tell the customer you're adding additional requirements to the project chat were originally cut because of cost constraints.
C. Inform the customer that the project is completed and has come in under budget.
D. Bill the customer for the full amount of the contract as this was the original agreed-upon price.
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Your hardware vendor left you voicemail saying that a potential snowstorm in the Midwest might prevent your equipment from arriving on time. She wanted to give you a heads-up and asked that you return the call. Which of the following is true? A. This is a secondary risk, which is an output of Risk Response Planning. B. This is a contingency plan, which is an output of Risk Response Planning. C. This is a risk, which is an output of Risk Identification. D. This is a trigger, which is an output of Risk Identification.
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