Question: Lori is the project manager for a software development firm and has been assigned to create an accounting automation application for a dentist's office. While

Lori is the project manager for a software development firm and has been assigned to create an accounting automation application for a dentist's office. While reviewing the cost estimate with Lori, the sponsor expressed her frustration with the higher cost and asked to reduce the estimate by at least ten percent. The sponsor is not too worried about the project duration estimate and suggested that Lori seek her help with the schedule if needed. What is the best course of action for Lori in this kind of situation?

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