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
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supplier to make sure that the supplier deals with the risk properly
if it occurs.
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