A PROJECT MANAGER DISCOVERS THAT THERE IS A PART OF THE PROJECT THA...

3. A project manager discovers that there is a part of the project that con-

tains 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

297

supplier to make sure that the supplier deals with the risk properly

if it occurs.