medium · Project Management Professional predictive
Willowbrook Schools is renovating three computer labs. The project has a cost baseline of $150,000 and a contingency reserve of $15,000. A identified risk regarding a hardware shortage occurs, and the response will cost $5,000.
How should the project manager handle the funding?
- Use $5,000 from the contingency reserve as planned and update the risk register.
- Submit a change request to increase the cost baseline by $5,000. given the information provided
- Absorb the cost by reducing the scope of the software installation.
- Request $5,000 from the management reserve from the school district.
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