You provide a project cost estimate for the project to the project sponsor. He is unhappy with the estimate because he thinks the price should be lower. He asks you to cut 15 percent off the project estimate. What should you do?
A. Start the project and constantly look for cost savings.
B. Tell all the team members to cut 15 percent from their estimates.
C. Inform the sponsor of the activities to be cut.
D. Add additional resources with low hourly rates.
Answer: C