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Project phase and in the middle of a project

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Reference no: EM131063390

You know how management hates (surprises) having to do with cost or schedule overruns. Normally, a cost or even a schedule variance of let's say, 5% to 10% may not be an immediate project problem. However, a recently discovered or reported variance of 100% in a particular project phase and, in the middle of a project, is cause for immediate action! What action would you have taken, and in what part of the planning cycle, to perhaps, prevent or at least, minimize such a (surprise)? Please be prepared to defend your response.

Reference no: EM131063390

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