PMP · Question 17 · Task 3: Assess and manage risks
During the execution phase of a hybrid project, a new regulatory requirement is announced that could significantly impact the project's technical architecture. The requirement has a 6-month implementation deadline, but the full implications are not yet clear. The project is currently on track for delivery in 4 months. What should the project manager do FIRST?
Answer options:
Continue with the current plan and address the regulatory requirement in a future phase
Immediately halt the project until the regulatory requirements are fully understood
Conduct a rapid impact assessment to understand the scope of changes required and develop response options
Extend the project timeline by 6 months to accommodate the new regulatory requirements
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