You’ve been engaged to manage a project. The estimated cost of the project is $1,000,000. The project sponsor has approved this amount. Your earned value calculations indicate that the project will be completed on time and under budget by $200,000. Based on this calculation, your personal profit will decrease by $2,000.
Given the estimated decrease in personal profit, what action should you take?
(A) Invoice for the full $1,000,000 based on the contract.
(B) Add tasks to improve the outcome and increase the actual project cost.
(C) Inform the end-user that you can add features to the project in order to use the entire budget.
(D) Communicate the projected financial outcome to the project sponsor.