What should a Project Manager do when a stage tolerance is forecast to be exceeded?

  1. Create an Exception Report
  2. Recommend closing the project
  3. Add an entry to the Daily Log
  4. Update the Stage Plan
Explanation

Answer: A - Create an Exception Report. The Project Board needs to be notified as soon as possible.

Key takeaway: Note that this action occurs when the stage tolerance is forecast to be exceeded.

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