During the planning stage of a new project, you find that the specialized equipment needed is currently being utilized by another project within your organization and will only be available in two months. What would be the BEST approach to acquire such specialized equipment and keep your project on track?
Continue the project without the specialized equipment and try to compensate with additional human resources.
Cancel the upcoming project activities until the equipment is available from the other project without assessing other options.
Evaluate alternatives to leasing the equipment temporarily or adjusting the project schedule until the equipment becomes available without compromising project deliverables.
Proceed with a different equipment that is readily available but not specialized for the project requirements.