Very good but do echo the F@ck ending is not delivering the expectation that the rest of the sketch builds on so well.
The Project Managers - New Script? Page 2
This is very nice, but agree with others about the ending. How about inverting the punchline and have him say something really mild like "fiddlesticks", and then blushing and saying, "okay, you got me on that one", or something to the effect.