PMP · Question 51 · Task 15: Manage project issues
A project manager discovers that a critical vendor has filed for bankruptcy and will not be able to complete their contracted deliverables. The vendor's work represents 30% of the project scope and is on the critical path. What should the project manager do FIRST?
Answer options:
Immediately begin the process of finding replacement vendors
Assess the impact on project objectives and evaluate all available options for completing the work
Notify stakeholders about the vendor bankruptcy and potential project delays
Attempt to recover project assets and work products from the bankrupt vendor
100 questions · hints · full answers · grading
Expert