13- A subcontractor informs the PM that there is a slippage in its work schedule by at least two weeks. This work is thought to be on the critical path of the project. The PM should do all of the following except: a. Review the contract to determine the subcontractor's obligation to meet the current schedule b. Negotiate an add-on to the project to bring the schedule back in line. C. Review the project master schedule to determine if there indeed will be a two-week impact on the project d. Review the subcontractor's schedule to determine whether there is an actual two-week delay a 14- A project is running ahead of schedule. There is a big bonus for the manager if the project finishes ahead of schedule. What should the project manager do? a. It does not seem ethical; project manager should slow down to complete it on the scheduled data. b. The project manager should look for any missed deliverable but report to the management that project is ahead of schedule. C. Project Manger should make the team work overtime to complete the project even faster and share some of the rewards with the team at the end of the project. d. Project manager should negotiate with the project sponsor to find out what are the other avenues to increase his/her bonus. 3- What best explains Project Time Management a. The processes required to ensure timely completion of the project. b. Analyzing the activity sequences, activity durations and resources to determine a project schedule. C. Making sure that the project does not exceed the original estimated schedule d. Understanding that time is of the essence and managing the project according to it 1. What is schedule management plan? 2. Why is project time management important? 3. What are the benefits to project management planning? 4. What are the components of schedule management plan