When external business influences cause changes in business parameters, the project manager should request an update of the project requirements to reflect these changes. This ensures that the project remains aligned with current business objectives and can deliver value as intended. It is a proactive approach that allows for the project to adapt to changing circumstances, which is a key aspect of effective project management. The PMBOK Guide emphasizes the importance of continuously monitoring and controlling project work to ensure that project objectives are met and that project work aligns with the business needs2.
References:
* Managing Change in Organizations: A Practice Guide1.
* A Guide to the Project Management Body of Knowledge (PMBOKGuide)2.