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Crucial Exams

PMI Project Management Professional Practice Question

During the execution phase of a project, a new government regulation is announced that impacts the materials used in the project's product. What is the FIRST action a project manager should take to address the change in the project's external business environment?

  • Request additional funds to cover potential costs associated with the regulation

  • Inform all stakeholders about the new regulation

  • Revise the project schedule and budget

  • Assess the impact of the new regulation on the project scope/backlog

PMI Project Management Professional
Business Environment
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