medium · Project Management Professional hybrid
Coveport Logistics is managing a hybrid transformation. The adaptive component is currently showing an SPI of 0.82, and the projected cost at completion will hit the 110% governance 'kill point' for the business case.
What should the project manager do?
- Directly inform the client that the project will be terminated due to the 110% cost breach.
- Rebaseline the adaptive workstream budget to 120% to remove the immediate threat of project termination, while documenting the decision in the issue log.
- Evaluate if the remaining MMF can be delivered within the remaining budget to preserve the business case value.
- Request that the teams increase their velocity by 20% to recover the schedule without spending more.
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