A project manager is involved with a project to remodel a long-used product. There are no proper records for the original design and execution of the original product. The stakeholders doubt that the remodel can be accomplished without this information and are hesitant to provide support for the project.
What should the project manager do?

You are the project manager for an information technology division of a large financial services firm in the United States. Your company offers a web based trading platform that provides options and futures trading for U.S commodities markets. Due to the rise in popularity of
futures and options trading, your company has grown rapidly. In fact, due to rapid growth, the company's I.T. infrastructure is unable to meet the growing demands.
To keep up with the demands you have been assigned the responsibility of upgrading the company's network and company's infrastructure. You have been asked to calculate the payback period for the project that is to be completed in the next 24 months.

Consider the following situation: The customer was given a monthly report that indicates zero schedule variance. One of the teams members are aware of at least one milestone that has not been achieved. This missed milestone will result in an overall delay in the project.
Which of the following items were not reported on adequately?

The utility of a risk seeker is:

You are a contract project manager within an information technology department of a large retailer. You are responsible for developing a new e-commerce web-site for the retailer. You are in the process of selecting the vendor who will provide the hardware including computer servers and networking equipment. As the project manager, you are in the select sellers process and have three vendors on your qualified sellers list who have responded to your company's RFP. One of the vendors remaining on the qualified sellers list is NetComp. Although you have no financial interests in this company, one of your friends Dennis is an investor of this company. Is there a conflict of interest in this situation?