A project manager working with a Scrum team finds the team continually misses deadlines. The steering committee is concerned about delivering expected value. Analysis shows one team has a competency mismatch. What should the project manager do?

The correct option is to provide appropriate training to compensate for the mismatch. This directly addresses the root cause of the missed deadlines – the competency mismatch within the team. By upskilling the team members, the project manager empowers them to meet the project's demands, thereby improving performance and increasing the likelihood of delivering expected value. Emphasizing deadlines without addressing the underlying issue is ineffective and can demotivate the team. Updating the project schedule is a reactive measure that acknowledges the problem but doesn't solve it, potentially leading to further delays. Accepting the risk without intervention is irresponsible and goes against the project manager's duty to proactively manage issues and ensure project success.