A project manager is leading a project to develop a new type of facial recognition system. During development, the PM realize that the project is falling behind schedule, and decides he can make up some time by purchasing automatic testing equipment which can speed up the testing phase, but will cost an additional $5000. When the sponsor learns of this expenditure he is very angry, as the budget on this project is extremely tight and they cannot absorb any budget overruns, whereas they could have absorbed a delay in the schedule. What did the PM fail to do in this case? Consider the product lifecycle Find out the priorities of the triple constraint Identify the stakeholders Consider the triple constraint 5 pts Same scenario as above, with some added information. The PM knows that the automatic testing system he purchased will not test everything that was in the original test plan which included testing people wearing various types of eyeglasses. However, by using it, he knows the project will complete on time. But now, after the project is completed, and the system is being used in the marketplace, various companies are complaining because the facial recognition system fails to work if people are wearing frameless eyeglasses, and this is giving the company a bad reputation. What did the PM fail to do in this case? Consider the triple constraint Identify the stakeholders Use a predictive lifecycle Consider the product lifecycle