PMP Certification Initiation Questions Test 3

Question : 35 of 70

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A project manager is managing a two-year agile project with monthly iterations. The project manager identifies the following risk during project initiation: 'Rapid development of new technologies used by the industries and stakeholders may reduce the delivered value.' Which approach can the project manager use to mitigate the stated risk?

Benchmark past projects utilizing the same technologies to establish a baseline.
Review and update the project management plan and risk management plan at each iteration.
Include a contingency clause in the contract that secures additional funding in case changes arise.
Lengthen each iteration to allow more time and resources to mitigate this risk.

Validate

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