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 When a project is experiencing delays due to identified risks, the project manager should revise the project schedule and inform the stakeholders regarding any delays1. This approach ensures transparency and allows stakeholders to adjust their expectations accordingly. It’s also important to analyze the scope that is at risk and divide it into smaller, tangible parts. Setting a very short daily meeting or call with the key leaders of the delivery team to closely monitor progress can also help manage the project schedule effectively1.

The issue log is a project document where the project manager records the concerns that might turn into potential issues. It is used to document and monitor the resolution of issues. The operations group’s concern, which could not be addressed and might turn into a potential issue, should be recorded in the issue log. This allows for tracking and managing the concern until it is resolved. References: 

The project manager is facing issues related to the team members’ lack of competence and the training costs are negatively impacting the budget baseline. In such a scenario, the project manager should elaborate and socialize the team charter as per the resource management plan. This will ensure that all team members are aware of their roles and responsibilities, and the expectations from them. It will also help in aligning the team members with the project objectives and goals. References: Professional in Business Analysis Reference Materials source and documents

In Agile project management, the product owner is responsible for managing the product backlog, which includes assessing and incorporating changes as needed. When a change in requirements occurs, such as an update in legal requirements, the product owner should assess these changes and adjust the backlog accordingly. The team should continue their work while this assessment is taking place. This approach allows the team to maintain their focus on the current iteration’s work, while the product owner ensures that future work aligns with the updated requirements12. References: