During the third iteration of a project, the main sponsor retired from the company, and...

The project manager should educate the new sponsor about the agile approach for project delivery, which is an iterative and adaptive way of working that focuses on delivering value to the customer and responding to change. The project manager should also explain how agile teams are self-organized, meaning that they have the autonomy and authority to plan, execute, and monitor their own work, without excessive control or interference from the sponsor or other stakeholders. The project manager should emphasize the benefits of self-organization, such as increased motivation, collaboration, innovation, and quality. The project manager should also clarify the role and responsibilities of the sponsor in agile projects, which include providing vision, funding, support, and feedback, but not micromanaging or dictating the work of the team. 123 References:

1: What is agile project management? - APM

2: What is Agile? - Project Management Institute

3: Role of Project Sponsor in Agile Project Management - PM Majik