A project manager is assigned to a yearlong project Before the start of the design phase, a competitor announces that they will release a similar deliverable in 8 months, although with fewer features and functionality Elag for Review Which two actions should the project manager take next? (Choose 2) Evaluate the impact of incremental deliverables. Modify the project management plan with an incremental approach Discuss and review this external risk with the project sponsor. Reduce the scope items of the final deliverable Update the project artifacts to include this issue