During the execution phase of a project, the company appoints new executives who decide to shift the organization's strategic direction, affecting the project's objectives. Which general risk does this scenario illustrate?
Reorganization
Regulatory environment changes
Merger and acquisition
New management
This scenario illustrates the general risk of New management. When new executives take over, they may alter the company's strategic priorities, which can significantly impact ongoing projects. Regulatory environment changes involve external laws and policies, Merger and acquisition refers to combining with or acquiring another company, and Reorganization involves internal structural changes without necessarily changing leadership. Therefore, the correct answer is New management.
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