#IT-6212
Awesome StudentQuestion • Project Management

You are the PM for a high profile, construction project for a new hotel complex in Dubai A budget of $475m was agreed at the outset and staged payments set for $75m at the start, $150 at month 3, $225m in month 4 and $25m in month 7 of an 8 month durationIt is now month 7 and an important stakeholder has just submitted a change request which, when you do an initial evaluation, you realise will mean a required scope increase and resultant budget increase of $92m, further resulting in a delayed completion of 3 months All sellers are in full swing with their production plans and are happy that the project is coming to an end There have been many challenges during the past 4 months and all of the teams have rallied together in overcoming themWhat is the next action you should take?

Answer

Reject the Change as there is a change freeze in place due to there being less than 4 weeks to the completion deadline