Validating Assessment of New Requirements Impact on Project Cost and Timely Completion

D.

The correct answer is A. Ask the team for estimates, and review the project schedule and budget.

Explanation: When new requirements are introduced during the execution phase of a project, it is important for the project manager (PM) to assess the impact of these changes on the project's cost and schedule. In this scenario, the team believes that the new requirements will impact the project cost, but not the timely completion of project deliverables. To validate this assessment, the PM should take the following steps:

1. Ask the team for estimates: The PM should ask the team to provide estimates of the cost impact of the new requirements. The team can provide estimates based on their expertise and knowledge of the project.

2. Review the project schedule and budget: The PM should review the project schedule and budget to determine if the new requirements will impact the project's cost and schedule. The PM can use the estimates provided by the team to determine the impact on the budget.

Option B is not the best way to validate the assessment because it suggests that the team should review the product scope and validate its impact on the schedule and quality. While this may be useful, it does not directly address the question of the cost impact of the new requirements.

Option C is partially correct, but it only suggests reviewing the cost management plan. While this may be useful, it is not enough to validate the assessment.

Option D is not the best way to validate the assessment because a SWOT analysis is not directly related to assessing the cost impact of the new requirements.

Therefore, the best way for the PM to validate the assessment is to ask the team for estimates and review the project schedule and budget.