An agile team is in the early phases of the development cycle for a project;...

Vendor: PMI
Product: PMP
Update on: Mar 19, 2026
Questions: 2134

PMI PMP Question Answer

An agile team is in the early phases of the development cycle for a project; however, they have already begun to deliver functionality to the customer. The team has identified risks to the project and are working on developing the mitigation strategy.

What should the project manager do next?

Incorporate and prioritize the risks in the risk register according to impact.

Escalate the risk to the project sponsor and steering committee.

Implement the risk mitigation strategy according to the highest impact.

Determine if any of the new risks have any financial impact.