Free PMI Project Management Professional (PMP) Practice Question

Your ongoing project developing software for online banking is impacted by newly implemented financial regulatory requirements. As a project manager, how should you initially evaluate the necessary actions for scope adjustment?

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    Increase the project budget to accommodate any potential change

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    Conduct an audit on the project’s technological capabilities

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    Inform all stakeholders about the regulatory changes

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    Assess and prioritize the impact on project scope to determine necessary adjustments

This question's topic:
PMI Project Management Professional (PMP) / 
Business Environment
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