When a project manager delivers higher-grade materials than what is needed to drive up the price of the project, this is known as gold plating. It is not an effective project management method. 1 is incorrect because this is not effective cost management. 2 is incorrect. Integrated change control is the process of integrating changes across the entire project. 4 is also incorrect because this is not Parkinson’s Law. Parkinson’s Law states that work will expand to fulfill the time allotted to it.