A project manager is managing a project that has a new sponsor who is cutting the budget. As a servant leader, how should the project manager handle the budget cuts with the team?

A. Notify the project sponsor that the budget reduction will require a schedule slip and scope reduction.

B. Collaborate with the team to assess the impact of the change on the project and recommend an updated project plan.

C. Inform each team member that they must release a portion of their budget but must remain on schedule with no change to the scope.

D. Meet with the schedule coordinator and financial analyst to tell them which budget lines to reduce and where to release slack.










Correct Answer: B

This question is in PMP exam
For getting PMP Certificate