The Best Thing a Project Manager Can Do When Noticing

question 79

Multiple Choice

The best thing a project manager can do when noticing common cause variation in a project's monthly budget summary is to:

• A)call another meeting and brainstorm causes for the variance.
• B)call the workers responsible for the variance into the office and dismiss them immediately.
• C)do nothing.
• D)call the suppliers responsible for the increased cost and negotiate lower material costs.

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Definitions:

Insurance Contract

A legally binding agreement between an insurer and the insured, outlining the terms for the insurer to compensate the insured for specific losses or damages.

Breach of Contract

Occurs when one party in a binding agreement fails to fulfill their obligations without a legitimate legal excuse.

Obligations

Duties or responsibilities enforced by law, contract, or a sense of duty that compel someone to act or refrain from acting in a certain manner.

Disability

A physical or mental condition that significantly restricts one's ability to perform one or more major life activities.