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