An agile project falls within the scope of a newly announced corporate audit. The project manager is scheduled to attend the first auditors' meeting next week. How should the project manager prepare?

The project manager should review the project information to understand the project's current status, documentation, and any potential areas of concern before meeting the auditors. This proactive step allows the PM to be well-informed and prepared to answer questions accurately. Reserving story points is an agile planning activity unrelated to audit preparation. Asking the development team to compile compliance information without first understanding the audit scope is premature and inefficient. Requesting a waiver is generally not an appropriate or effective initial response to a corporate audit and may be perceived negatively.