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How to deal with project budget cuts?

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How can the project manager deal with project budget cuts, while ensuring that the project still get finished on time, on budget, and on schedule? Is it always necessary to reduce the scope once the budget is reduced?
asked 2 years ago by anonymous

1 Answer

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Once informed of a budget cut, you will need to go into re-planning mode.  You may not have to reduce scope.  Using your experience to date, you may be able to do something with resources, quality, or time.  Put together your best alternative plans and seek project sponsor approval.
answered 2 years ago by sdcapmp (45,840 points)

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