Question: You are the manager for a project with a budget of $250,000 and are employing three teams of three engineers, each for a total of

You are the manager for a project with a budget of $250,000 and are employing three teams of three engineers, each for a total of 8 weeks. Each team has a budget of $80,000, and you have a contingency reserve of $10,000. At the halfway point, while two of the teams are slightly ahead of schedule, you realize that one of the teams has underestimated their required amount of work and is running about 25% behind schedule. Their SPI is .75.

Discuss your options and how you would approach the problem.

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