What is the best course of action for the project manager to address the issues?
A. Use contingency reserves
B. Review project funding requirements
C. Use management reserves
D. Review organizational process assets
Answer:C
What is the best course of action for the project manager to address the issues?
A. Use contingency reserves B. Review project funding requirements C. Use management reserves D. Review organizational process assets
Explanation: The total project budget includes the cost baseline plus the management reserves. The cost baseline is comprised of the work package estimates and contingency reserves. The contingency reserves are allocated for identified risks. Management reserves are withheld for unforeseen risks that affect the project. According to the scenario, the issues developed during the project were unexpected. Therefore, of the choices provided, using the management reserves is the best course of action for the project manager.