Question: A project manager gathered data to perform earned value calculations on his project. He used the results to report to management that the project is

A project manager gathered data to perform earned value calculations on his project. He used the results to report to management that the project is under budget and on schedule. After reporting this information, he discovered the base figures he used in the calculations were incorrect, as they came from an old copy of the project file that had not been updated. What should he do now? A. He should contact management to make them aware of the error, give the correct information, and explain how he made the mistake. B. He should contact management and tell them to expect some changes in the next reporting period, and that things are starting to look gloomy. C. He should use the correct figures to calculate the information when it is time for the next report and ignore the fact that he reported incorrect information. D. He should tell management that the data he received from team members was incorrect and thus the report was not accurate.

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