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A project manager is assigned to a yearlong project. Before the start of the design phase, a competitor announces that they will release a similar deliverable in 8 months, although with fewer features and functionality. Which two actions should the project manager take next? (Choose 2)
Correct Answer: C,D
When faced with the competitor's announcement, the project manager should take the following actions: 1.Reduce Scope Items: Given the competitor's shorter timeline and fewer features, the project manager should reevaluate the project scope. Reducing the scope items of the final deliverable allows the project team to focus on essential features and deliver a more streamlined product within the available time frame. 2.Discuss External Risk with Project Sponsor: The project manager should engage