Part A ( 3 marks)

A project (by a competitor) is way behind development by five months. Your company's Project Manager Ellie suggested using the "exploit" strategy to supply to the customer. Explain to your team briefly what is this type of risk?

Part B ( 9 marks)

With reference to the strategy of exploitation above, now create a detailed plan on what you would execute with your team. [Assumption: Budget is not a problem.]