33. A project is nearly 33% complete according to the earned value report-
TE AM FL Y
ing method. An identified risk has occurred, and the project manager
has chosen to draw funds from the contingency fund and add the activi-
ties necessary to deal with the problems associated with the risk. What
should he do next?
a. The schedule should not be changed. Original plans should have
allowed for this delay.
b. The budget money set aside for the risk should be released, but there
is not a need for a schedule change.
c. The schedule and budget baselines should be changed, to show the
new work.
d. The budget baseline should be changed, but the work should be
done within the schedule as it is.
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