Question: Management Information Systems 35. Your project is hit by an unforeseen event. Your analysis suggests that it will need 2 additional weeks to complete the

Management Information Systems

35. Your project is hit by an unforeseen event. Your analysis suggests that it will need 2 additional weeks to complete the project and will cost $10,000 more. The reserve analysis suggests that you have adequate schedule and cost contingency reserve to take care of the issue. What should you do? a. Use the contingency reserve b. Use the opportunity to go back to the customer for more money C. Report the issue to Project Governance Board and ask them to cover the situation using the management reserve d. Present the analysis and ask for guidance from Project Governance Board

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