Section: Monitoring and Controlling

In an agile project, risks are managed in a continuous and iterative manner, which involves constantly evaluating risks and adapting the project backlog and priorities accordingly. This approach is aligned with the agile principle of responding to change over following a plan, as it allows for flexibility and quick adjustments based on the evolving nature of the project and its associated risks.
References: = Agile methodologies emphasize the importance of continuous risk evaluation and adaptation.
The PMBOK Guide also supports this approach by recognizing the need for iterative planning and response to risks. Agile practices such as daily stand-ups, sprint reviews, and retrospectives are designed to identify and assess risks regularly, ensuring that the project can adapt to changes quickly and efficiently12.

The project manager should organize a discussion with the product team to clarify the missing information and resolve the discrepancy between the stakeholder's expectations and the product team's deliverables. The project manager should facilitate effective communication and collaboration among the project team and the stakeholder, and ensure that the product feature requirements are clear, complete, and consistent. Redirecting the stakeholder to discuss this request with the functional manager may not be helpful, as it may create confusion and conflict among the project parties. Recording the new requirements and asking the product team to develop them may not be feasible or appropriate, as it may introduce unnecessary changes and rework to the project scope. Conducting new risk and scope analyses, identifying the missing information may not be necessary or sufficient, as it may not address the root cause of the stakeholder's concern and the product team's disagreement. References:
* A Guide to the Project Management Body of Knowledge (PMBOKGuide) - Seventh Edition, Chapter
13: Stakeholder Engagement, Section 13.3: Manage Stakeholder Engagement, Section 13.4: Monitor Stakeholder Engagement
* Professional in Business Analysis (PMI-PBA)Handbook, Section 2.3: Domains and Tasks, Domain 4:
Analysis, Task 8: Manage Solution Scope
* Professional in Business Analysis (PMI-PBA)Examination Content Outline, Domain 4: Analysis, Task 8: Manage Solution Scope