Development of a project in a dynamic market environment


Problem:

During the development of a project in a dynamic market environment, new unforeseen legal requirements have come into effect. The project manager is not sure if some of the project deliverables will be fully compliant with the new requirements. What should the project manager do?

  • Evaluate the consequences of noncompliance with relevant stakeholders and update the risk register with agreed actions.
  • Request the project management office (PMO) to assign a dedicated resource to monitor the external environment to enable more reaction time.
  • Stop the project until someone in the organization can identify all the new requirements and how they impact the project. Agree with the project team that the new requirements will be applied to the next project, not the one already under development.

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Other Management: Development of a project in a dynamic market environment
Reference No:- TGS03421532

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