PMP · Question 92 · Task 3: Evaluate and address external business environment changes for impact on scope
A project manager is leading a financial services software development project when new cybersecurity regulations are announced that will take effect in ten months. The regulations will require enhanced data encryption and audit logging capabilities. The project's current scope includes basic security features but may not meet the new regulatory requirements. The project is scheduled to complete in eight months. What should the project manager do FIRST?
Answer options:
Analyze the new regulations to assess their specific impact on current project scope and security requirements
Accelerate the project timeline to complete delivery before the regulations take effect
Extend the project timeline to allow for implementation of enhanced security features
Consult with the legal and compliance teams about the new regulations and their implications
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