A project manager is using a hybrid approach for a project.

The alignment between the project team and stakeholders is crucial for the success of a project. This alignment must be maintained throughout the project’s life cycle, ensuring clarity of scope, risk, schedule, and price at each phase1. In a hybrid project management approach, risks should be reviewed during each iteration and review to ensure alignment between the project team and stakeholders2. This allows for timely identification and mitigation of risks, ensuring that all parties are aware of potential risks and their outcomes2. Regular reviews also facilitate open communication and collaboration, which are key to successful risk management3.