Request the project sponsor to include a commitment

Assignment Help Management Theories

Reference no: EM133693805

Question: A project manager has been assigned to a project that is consolidating regional operations into a global operation. The project sponsor explains that some efficiencies could be obtained from this unification. However, the sponsor is not sure if this effort will have a return on investment (ROl) and would like the project manager's opinion.

What should the project manager do?

Suggest conducting a detailed cost-benefit analysis for financial feasibility before the start of the project.

Explain that the project manager is limited to demonstrating earned value (EV) from the project execution perspective.

Request the project sponsor to include a commitment from the stakeholders to reduce costs within the project scope.

Recommend conducting an initial high-level feasibility assessment to estimate the cost and benefits.

Reference no: EM133693805

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