#$3$

Nick started the internal cost management project with the Cross Functional Team $($CFT$).$ Most team members are generally supportive as they are stakeholders in ensuring their company$$s continued competitiveness. However, there was some pushback with remarks such as $...$

$$Are you sure you are getting competitive prices?$$

$$There$$s a limit to what we can achieve internally.$$

$$Can your suppliers do better?$$

$$Can$$t you purchase differently to manage the nickel price increase$/$fluctuations$?$

Nick starts to feel sandwiched between his internal stakeholders and suppliers.

Question:

What are the CFT project management approaches that Nick can take to address his internal stakeholders$$ concerns? Give reasons to support your answer.