You have several vendors working on your project. Your procurement manager mentioned that one of the vendors informed them that there is a possibility that materials prices may rise, which may cause an increase in the cost baseline. What should you do next? Explain

Answer rating: 100% (QA)

When faced with a potential cost increase due to rising materials prices here are some steps you can take 1 Gather more information Talk to the vendor Engage in a further conversation with the vendor ... View the full answer