Project Management Professional (PMP) — Question 1213

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 two.)

Answer options

• A. Modify the project management plan with an incremental approach.
• B. Discuss and review this external risk with the project sponsor.
• C. Update the project artifacts to include this issue.
• D. Evaluate the impact of incremental deliverables.
• E. Reduce the scope items of the final deliverable.

Correct answer: B, D

Explanation

The correct actions are to discuss the external risk with the project sponsor and evaluate the impact of incremental deliverables. This is important because it ensures that all stakeholders are aware of the competitive landscape and allows for a strategic response to potential market changes. The other options either focus on internal adjustments without considering external factors or do not directly address the immediate risk posed by the competitor.