In a scenario where organizational restructuring impacts the priorities of the project's main stakeholders, what specific action should the project manager take to realign the project with the stakeholders' new focus?
Seek immediate project closure to avoid dealing with complex stakeholder changes
Continue executing the project according to the initial plan despite the restructuring
Reevaluate the project's alignment with the modified stakeholder priorities and propose necessary realignments
Focus on reducing project costs to accommodate the new organizational structure
The project manager must reassess the project's value proposition and alignment with the stakeholders' revised priorities due to the organizational restructuring. This may involve revising key project objectives, benefits, and deliverables to ensure the project contributions remain pertinent and prioritize stakeholder expectations and needs after the organizational change.
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