40.0% completeQuestionDue to increased price volatility, a vendor asks the project manager of a large development project to make a price change that will affect the project contract. What should the project manager do?A.Request the change control board (CCB) to meet with the vendor to discuss the change.B.Execute the price change requested by the vendor and update the project contract.C.Comply with the vendor's request and update the project management plan.D.Analyze the impact and submit a formal change request, if appropriate.

The chief financial officer, who happens to be your project sponsor, has just called you into their office to discuss a requested change in your project. After asking you several questions, the project sponsor tells you to implement the change. What is the next thing you should do? A. Implement the change B. Send the change request to the change control board for approval C. Fill out a change request form and request a signature from the project sponsor. D. Evaluate the impact of the change on the time, cost, scope, quality, and risk objectives of the project

Which of the following statements best describes the project manager's responsibilities in relation to scope change managementGroup of answer choicesThe project manager is responsible for relaying all change requests to a change control board and informing the customer about the board's decisions.The project manager is responsible for making all final decisions about the disposition of change requests and communicating those decisions to project stakeholders.The project manager is responsible for making sure all the client's change requests are carried out promptly.The project manager is responsible for identifying and documenting potential changes, assessing their impact on the project, providing that assessment to the change control board, documenting the decisions, and communicating them to project stakeholders.

All of the following are the overall steps a project manager follows to manage change on a project, EXCEPT:Identify the change to clarify the scope of the change, determine who is requesting the change, and decide whether to approve, reject, or defer the change request.Implement the change and update the project schedule, budget, and scope as required as well as communicate about the change.Investigate the change to determine impacts, benefits, and the cost.Integrate the change to the schedule and then get stakeholder approval to integrate the cost of change into the budget.

You are managing a residential building construction project. Your client has just requested a change in the lighting system which may increase project risk and costs. What should be your first action?Raise the issue to the project sponsorIssue a Change RequestUpdate the project risk registerAnalyze the impacts of the change

What action should the project manager take first if it is determined that the project needs to go over budget?a.)Stop outsourcing to project vendorsb.)Send an email message to the project stakeholdersc.)Gain approval from the project sponsord.)Discuss the project budget with project team members