You are the project manager responsible for renovating a 70-year old office building. You intend to hire an outside construction firm to seismic retrofit the building in order to make that the building can with stand large earthquakes. You are in the process of selecting a contract type best suited for this project. You would like to select a contract type that transfers the risks onto the seller for any cost risk and nonperformance issues. Which contract type should you choose?

Due to commitments to another project, an accountant fails to deliver an important report. What should the project manager have referenced to avoid this?

Which of the following theorists stated that people generally are motivated according to the strength of their desire either to achieve high levels of performance or to exceed in competitive situations?

A government-initiative project has a strict deadline for completion A kick-off meeting is a requirement but one critical stakeholder is unavailable to attend Postponing this meeting will delay the project.
What should the project manager do?

A project manager has taken over an existing project According to the previous project manager, the project is on track and within budget However, stakeholders are unhappy with the recent progress report since the metrics show that the project is delayed and the cost is higher than expected.
What should the project manager do?