Expected monetary value (EMV) is computed by which equation?

A new manufacturing line project is planned to be delivered in iterations tor the equipment installation phase.
During one of the iterations the vendor communicates to the project manager that they will not be able to deliver some of the equipment at the agreed dates.
What should the project manager do next?

Which tool and technique identifies inefficient and ineffective policies, processes, and procedures?

A major national company known for quality products has just selected a small subcontracting firm to assist with a project. The project manager from the subcontracting firm is meeting with the project team to ensure that the project is delivered according to the customer's standards in order to ensure this, what should the project manager define and document?

Types of internal failure costs include: