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What will this probably mean for your project?

Your management is applying the percent solution: It has requested that you reduce the budget for the project which you are currently initiating by%. 

A. If the budget is cut by%, then the project will have an accompanyingdegradation of quality by%.B. If the project budget is an honest one, then a reduction in budget must be accompanied by a trade-off in either time or performance.C. A% reduction in budget will be accompanied by a loss of performance much less than the target reduction in cost.

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Question added by DR MD ANWAR HOSSAIN , Moderator , bayt.com
Date Posted: 2016/10/12
Krishna   KHASANIS  PMP
by Krishna KHASANIS PMP , Project Manager-Electrical , Larsen & Toubro Ltd, P T & D (International)

Thanks for the invite.

Among the given options, option B is my first choice.

Option (B) ------------------------------------

mamoun mokhtar
by mamoun mokhtar , general manager , albyan technical foungary

B. If the project budget is an honest one, then a reduction in budget must be accompanied by a trade-off in either time or performance

Muhammad Farooq
by Muhammad Farooq , QA-QC MANAGER , AL Bawani contracting co.

Is there any value/figure for % -------------------------

Md Fazlur Rahman
by Md Fazlur Rahman , Procurement Specialist , Engineering and Planning Consultants Ltd

Option -B........................................

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