PMSuccess cooperates with PMHub now!

You can test your project management skills while browsing PMHub.

PMSuccess will let you become PMP smoothly and enjoy the learning of project management.

1. World No. 1 PMP preparation programs – we brought up 1,400 PMPs within two years.
2. 200 refined questions for free!
3. The only bilingual (English/Chinese) test bank in the world.
　

Click here for free 200 PMP Exam Simulation and IPECC Analysis

Question of the Day #383

383. Four stakeholders have noticed there is a major change which must be made to the contract. As the project manager, you inform the seller of the change request. The seller then, after evaluation, states they will give you a more effective but higher pricing according to the contractual change. As you receive notification from the seller, which of the following would be the appropriate response in this situation?

1. Acquire the contractual changes signed by the contract manager.

2. Complete the change, sign and then hand out the change request to the stakeholders.

3. Report the issue to the change control board.

4. Ask for more time to complete the change request.


　

Answer and Explanation to Yesterday's Question

Answer :
1. Exploit
-----------------------------------------------------------------------------------------------------------------------------

Question Explanation:

Strategies for dealing with negative risks or threats include: avoid, transfer and mitigate.

Source of Answer :PMBOK Guide,3rd, pages : 261-262