The project sponsor has approached you with a dilemma. The CEO announced at the annual stockholders meeting?

that the project you're managing will be completed by the end of this year. The problem is that this is six months prior to the scheduled completion date. It's too late to go back and correct her mistake, and stockholders are expecting implementation by the announced date. You must speed up the delivery date of this project. Your primary constraint before this occurred was the budget. What actions can you take to help speed up the project?

A. Examine the project plan to see whether there are any phases that can be fast tracked, and then revise the project plan to reflect the compression of the schedule.

B. Hire more resources to get the work completed faster.

C. Utilize negotiation and influencing skills to convince the project sponsor to speak with the CEO and make a correction to her announcement.

D. Ask for more money so that you can contract out one of the phases you had planned to do with in-house resources.