A project manager has compared the monthly actual costs with the planned costs and estimated the forecast to complete the remaining part of the project. The project manager realizes that the project will require additional funding.
What should the project manager do first?

• A. Send the new cost estimates and ask the project sponsor to approve them.
• B. Ask the vendor to adjust the time and materials contract to reduce costs.
• C. Assess the budget impact and submit a change request for approval.
• D. Adjust the time and scope to keep the budget unchanged.

A project manager is completing a project that required machinery from several different vendors. Similar projects in the future may require the project manager to use the same vendors again; however, the quality and performance of the vendor products varied, creating project risk.
What should the project manager do to facilitate the success of future projects?

• A. Document the vendors ' performance regarding quality and delivery time internally.
• B. Negotiate future prices with the vendors while there is still a positive relationship.
• C. Update the vendor database and ensure key vendor contact information is current.
• D. Notify the underperforming vendors that better pricing and quality will be expected in the future.

As part of a restructuring effort, a company has transitioned from a projectized to a functional organization.
The project manager is concerned that the team members will become disengaged from their work on the current project because they are now reporting to a functional manager.
What should the project manager do?

• A. Work with the functional manager to assign goals related to the project to the team.
• B. Advise the functional manager to ask the organization for additional resources as part of a mitigation plan.
• C. Update the resource management plan with the organizational changes.
• D. Meet the team and explain that organizational changes are transparent to the team.

There are considerable differences in experience levels among project team members working on a project.
Multiple stakeholders are requesting that deliverables
relevant to them be assigned to the most experienced team members, which is not feasible.
What should the project manager do?

• A. Inform stakeholders that the team members have been assigned and are capable of completing the tasks.
• B. Assign the activities from the beginning of the project to the less experienced team members to meet the timeline.
• C. Create a team agreement so that experienced team members mentor the less experienced members throughout the project.
• D. Request additional experienced team members be assigned to the project and adjust the resource management plan.