A cross-functional team will develop an innovative digital product to drive digital transformation. What should the project manager do to ensure business value is delivered early?

Breaking down deliverables into sprints and delivering value incrementally is the most effective approach for ensuring early business value in an innovative digital product project. This agile methodology allows for frequent feedback loops, early realization of benefits, and adaptation to changing requirements, which is crucial for innovative projects. Creating strong incentives might increase speed but doesn't guarantee early value delivery or alignment with business needs. Developing a detailed project plan and escalating delays is a traditional approach that can delay value delivery, especially in an innovative context where requirements evolve. Fast-tracking and close monitoring focus on schedule adherence, not necessarily on delivering business value early or iteratively.