In the middle of a large-scale data center migration project, a key vendor notifies you about possible delivery delays that will affect the project timeline. Given the risk responses were developed to address this potential delay, what should be the FIRST step to implement these risk responses?
Continue the project without any adjustments and deal with the delays if and when they occur.
Activate the predefined contingency plan to address the vendor delay, coordinating with the project team for prompt action.
Begin looking for a replacement vendor as a backup
Inform the stakeholders about the delay but take no immediate action, awaiting further clarification from the vendor.