Senior management expects you to release a new printer that will upstage your competitor's expected new printer announcement. The target schedule is shortened to allow you to ramp up manufacturing and marketing soon enough to preempt the competitor announcement with an announcement of your own. The budget will support a cost structure that permits a profit margin which is slightly better than your current printer's margin. Your own analysis of the work required and subsequent work breakdown structure has lead to you conclude that these targets are difficult but achievable.Market intelligence gathered on the competitor's plans is considered reliable, so the target specs for your new printer, required to upstage your competitor's, are reasonably well defined and understood, and expected to remain stable throughout the project. Comparatively, you are pleased that your project is reasonably staffed because other project managers are struggling to complete their work with limited resources.