PMI
CAPM · Question #373
During project execution, a team member has identified and then analyzed an opportunity that will yield a net savings of 10% and reduce time in the schedule by 20% Which strategy should the project ma
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Predictive, Plan-Based Methodologies
Question
During project execution, a team member has identified and then analyzed an opportunity that will yield a net savings of 10% and reduce time in the schedule by 20% Which strategy should the project manager adopt to accommodate this opportunity?
Options
- AEscalate to upper management to build awareness of the opportunity
- BExploit the opportunity immediately, since the cost saving makes it worthwhile.
- CTransfer the opportunity to a partner and start a partner contract.
- DCreate a trail of the opportunity before full adoption, because of the risk associated.
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Topics
#Risk Management#Opportunity Response#Exploit Strategy#Project Execution