A project manager is assigned to a yearlong project.

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