You are the project manager at a large construction company. Your company is under a times and materials contract to build a new shopping center. The estimated cost of project is $5,000,000. The project sponsor has approved this amount.
However, you earned value calculations indicate that the project will be completed on time and under budget by 5,000,000. Based on this calculation your personal profit will decrease by $10,000. Given the estimated decrease in personal profit, what action should you take?
A. Continue to bill the customer for the full $5,000,000 as originally estimated.
B. Communicate the projected financial outcome to the project sponsor
C. Pad additional tasks to the projected financial outcome to increase the actual project cost
D. Suggest to the project sponsor that additional features should be added in order to leverage the entire project
|
Download Printable PDF. VALID exam to help you PASS. |
 |