A project manager discovers that there is a part of the project that contains some risk. His
Question:
A project manager discovers that there is a part of the project that contains some risk. His or her strategy with this risk is to subcontract the work to an outside supplier by using a firm fixed price contract. The project manager should:
a. Make certain that the project team does not reveal the risk to the supplier until the contract is signed.
b. Make every effort to make sure that the supplier is made aware of the risk after the contract is signed.
c. Make sure that the supplier understands the risk before the contract is signed.
d. Assign a member of the project team to monitor the activity of the supplier to make sure that the supplier deals with the risk properly if it occurs.
Step by Step Answer:
Preparing For The Project Management Professional (PMP Certification Exam)
ISBN: 9780814471722
2nd Edition
Authors: Michael W. Newell PMP ENP