A company started a project to create a new product that will be delivered in...

A competitor’s announcement is an external market event that changes business priorities—speed to market becomes critical. In an iterative delivery model, the best response is to re-evaluate value and sequencing, then adjust what gets built first. Working with the product owner to assess impact and reprioritize the backlog (A) aligns delivery to the new business objective by pushing the highest-value, market-differentiating items earlier (e.g., MVP, critical features, reduced validation steps where acceptable). While additional resources (B) may help, it is not the first move because it can increase cost and coordination complexity without guaranteeing faster value delivery. A formal CCB change request (C) fits predictive governance, but the scenario is iterative; prioritization is the primary lever for speed. Reducing the development cycle (D) may be part of the solution, but the Scrum Master cannot reduce cycle time effectively without first changing what work is prioritized and how scope is sequenced. Backlog reprioritization is the fastest, most direct control to respond to market pressure.

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