Procurement Question on Study Hall

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A project manager has been awarded a firm-fixed-price (FFP) contract to develop a new mobile app for a client. The contract scope is well-defined and the client has approved the project plan. However, during the course of the project, the team encountered some unexpected technical challenges. These challenges will require additional time and resources to resolve.

Which of the following is the most suitable course of action to take?

A.Terminate the contract with the client and return the advance payment immediately.
B.Proceed with the project as planned and try to resolve the challenges within the existing budget and schedule.
C.Notify the client and request a change order to increase the project budget and extend the project schedule.
D.Attempt to resolve the technical challenges using existing resources, even if this means sacrificing quality.

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