PMP Exam Dumps | A company is transitioning from a predictive to agile delivery of projects. Based on the requirements,

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Question 295/365

A company is transitioning from a predictive to agile delivery of projects. Based on the requirements, the project team estimates the budget and decides to use a fixed-price contract with its vendor. However, during the execution of the project, the requirements evolve and priorities start to change constantly, which puts the project and the estimate at completion (EAC) off by 40%.
What should the project manager do next?

A. Meet with the stakeholders to recommend the use of a time and materials (T&M) contract to address the problem.

B. Wait until the next gate review meeting to highlight the risk of low funds to the stakeholders.

C. Send a detailed status report highlighting the issue with funding to all of the stakeholders.

D. Submit a change request to the financial manager to increase the funding and continue as is.

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