You are managing a project team that requires specialized training to effectively contribute to the project's objectives. The training program costs $10,000, but the project budget only allocates $5,000 for training expenses. What should you do as the project manager to ensure your team receives the necessary training?
Discuss the situation with the project sponsor and stakeholders to request additional funding for the training program
Reduce the scope of the training program to fit within the allocated $5,000 budget
Search for a cheaper training alternative that fits within the $5,000 budget
Postpone the training program until the next project phase when more funds might be available