4. You are in the middle of a new product development pro ject that has an NPV...

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4. You are in the middle of a new product development pro ject that has an NPV of $10.5 million. The schedule perfom1ance index (SPI) is 0.99. There arc strict rules in your publicly traded company regarding risk, quality, and procurement. You discover the previous project manager made a $3 million payment that was not approved in accordance with your company policies. Your relationship with the sponsor is st ra ined, as you've had to request changes because the previous project manager d idn't have a complete project management plan. 111e sponsor and the previous project manager are good friends outside of work and coach your daughter's sports team together. Luckily, the project cost performance index (CPI) is 1.2. What should you do?

A. Contact your manager.

13. Put the payment 111 an escrow account.

C. Bury the cost in the IMgest cost center available.

D. Ignore the payment.

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