Question: You are assigned as a project manager for an internal project. During cost planning and budgeting you discovered that there are peak times of costs

You are assigned as a project manager for an

You are assigned as a project manager for an internal project. During cost planning and budgeting you discovered that there are peak times of costs during the project and other times when costs are fairly low. What could this mean for the project? The fiscal budget mechanism which is used by the performing organization may not allow for cost peaks in your project, and you may have to level out expenditures over time. O You can silently create budget contingencies during low-cost periods and reuse them later during those periods when you have to cover peak levels in project costs. O You may find another project manager with a project that has a different rhythm of high and low costs. Then, you may be able to move budget during one project's low-cost periods to the other project

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