PK0-005 Project Management Concepts Practice Question
A project manager is working on a project with a fixed-price contract. The customer requests a significant change that will increase the project scope and cost. The project manager documents the change and submits it to the change control board (CCB). Which of the following is the MOST likely outcome if the CCB approves the change?
⚠ Common exam trap
The trap here is assuming that internal change approval automatically adjusts the contract, without considering the need for customer agreement.
Answer choices
Why each option matters
Answer the question above first, then reveal the full breakdown to understand why each option is right or wrong.
Correct answer & explanation
✓
The project manager will negotiate a contract amendment with the customer to adjust the price.
The correct answer is the option that recognizes the need for a contract amendment. In a fixed-price contract, any change in scope that affects cost requires a formal contract modification. The CCB approval is an internal control, but the customer must agree to the change and the associated price adjustment. The other options either ignore the contract or incorrectly assign the cost burden.
Answer analysis
Option-by-option breakdown
For each option: why learners choose it and why it is or isn't the right answer here.
- ✗
The project manager will absorb the additional cost to maintain the fixed price.
Why it's wrong here
Absorbing the cost would be detrimental to the seller and is not standard practice for approved changes. In a fixed-price contract, the seller is not obligated to perform work outside the original scope without additional compensation. The CCB approval does not override the contract terms. This option is incorrect because it ignores the need for a contract amendment.
- ✗
The project manager will update the project management plan without changing the contract.
Why it's wrong here
Updating the project management plan is necessary but not sufficient. The contract itself must be amended to reflect the change in scope and price. Without a contract amendment, the seller has no legal basis to charge more or to enforce the changed scope. This option overlooks the contractual implications of a change in a fixed-price contract.
- ✗
The project manager will request additional funds from the project sponsor to cover the change.
Why it's wrong here
While the sponsor may need to approve additional funding, the primary issue is the contract with the customer. In a fixed-price contract, the customer is responsible for additional costs due to changes. Requesting funds from the sponsor without addressing the contract would not resolve the contractual obligation. This option misidentifies the source of funding for the change.
- ✓
The project manager will negotiate a contract amendment with the customer to adjust the price.
Why this is correct
In a fixed-price contract, the price is set, but changes in scope typically require a contract amendment to adjust the price and terms. The CCB approval is an internal step, but the customer must agree to the change and any associated cost. This option correctly reflects that a contract modification is necessary to formalize the change and ensure the seller is compensated for additional work.
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Written and reviewed by Johnson Ajibi, MSc IT Security
Senior Network & Security Engineer · founder of Courseiva
Last reviewed September 2026 · checked against the official CompTIA exam blueprint
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