To exploit a price-volume discount, a project manager decides to procure the full amount of a required project material. Three months later, the price for that material drops by 50 percent due to overproduction and changes in technology.
What should the project manager have done differently?

A Project Manager is in the execution phase of a highly visible project and a major milestone is due in one week. The Project Manager has discovered that a vendor's deliverable for this milestone will be two weeks late.
What should the Project Manager do?

Assume that you are working on a new product for your firm. Your CEO learned that a competitor was about to launch a new product that has similar features to those of your project. The competitor plans to launch the product on September 1. It is now March 1. Your schedule called for you to launch your product on December 1. Your CEO now has now mandated that you fast track your project so you can launch your product on August 1. This fast track schedule is an example of an______________

During an IT implementation project, the project team is learning about new technology. Adopting some of this new technology will result in reducing the project's schedule and cost.
What should the project manager do?

After contract sign-off, a project manager learns that the vendor has a reputation of not delivering according to the contract. To ensure the vendor's compliance, what should the project manager do?