A project manager who is a PMP discovered that there had been an error in the estimation of a project. A certain cost had been double calculated with the result that the budget, which had already been approved, was now in excess by a figure of $ 25,000. She is aware that publicizing this information will cause her to receive a poor performance appraisal since her company is very fastidious about such matters. What should she do?
A. She does not need to do anything since this will have a positive impact on the project’s spend and margins.
B. Since the excess funds won’t be required, she can now use the funding to make additional investments for the project.
C. She should bring this to the notice of the appropriate stakeholders and have the necessary steps taken to decrease the budget.
D. She does not need to do anything since the budget has already been approved. This situation is okay as long as the extra funds are not spent.