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A contractor is proposing an alternative plan that will result in a delay of at least 3 weeks due to restrictions in the original plan
A contractor is proposing an alternative plan that will result in a delay of at least 3 weeks due to restrictions in the original plan and is asking for a time extension and additional monetary compensation Which two actions should the risk manager to take in this situation? (Choose 2) Ask the contractor to provide the basis for estimates of the additional cost and time requested. Work with the change control board (CCB) and project manager to compensate the contractor for the cost and time requested Ask the project engineer to reconsider recommendations to eliminate the risks of cost and time impacts to the project. Ask the project manager to negotiate the cost and time requested, and work with the project sponsor to approve the use of management reserves. Perform an analysis based on existing historical data to validate the requested time and monetary compensation
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