You are a project manager for an engineering company. Your company won the bid to add ramp-metering lights to several on-ramps along a stretch of highway at the south end of the city. You subcontracted a portion of the project to another company. The subcontractor’s work involves digging the holes and setting the lamp poles in concrete. You discover the end product does not meet safety standards, corrective action is needed to fix the problems and get the project back on track, and applicable standards were not followed. Which of the following is true?

You are the project manager for a project that will produce a mobile phone application that sends alerts when the UV rays are at dangerous levels, alerting users to stay indoors. You are in the process of acquiring resources to staff the project and obtaining responses from bidders on work that is being outsourced. These activities are associated with what process group?

The project sponsor has approached you with a dilemma. The CEO announced at the annual stockholders’ meeting that the project you’re managing will be completed by the end of this year. The problem is that this is six months prior to the scheduled completion date. It’s too late to go back and correct her mistake, and stockholders are expecting implementation by the announced date. You must speed up the delivery date of this project. Your primary constraint before this occurred was the budget. What actions can you take to help speed up the project?

You have used several cash flow methods to determine alternative ways of performing your current project. Which of the following do you know is true regarding the results of your cash flow analysis?