Question

A risk that has become reality in your project has led to a cost increase. You have already used the funds

reserved to handle this risk and have concluded that you need additional funds that the project does not
have. Who is the most likely person or group you need to ask for help?

Answer 1

The organization's management team.

Step-by-step explanation:

The management team of any organization is tasked with the management of how to run the organization, setting the strategy to make things work. It is formed by the managers of the different teams, running the organization and ensuring its proper functioning.

In the given case scenario, the increased cost has used up all the allotted funds which leave the organization requiring additional funds. For that, it will be best to ask the help of the organization’s management team. They will help assess the situation and also come up with strategies to help deal with the situation.