As a project manager for a software development company, you are working on a project to create an online platform for a client that sells used books. The project involves developing a website, integrating a secure payment gateway, and a user-friendly search engine. The project schedule is 8 months, with a budget of $200,000, starting from April 2024. The project constraints include the client's budget, team expertise, resource availability, and time constraints. You have also identified potential negative risks such as cybersecurity threats and delays due to unforeseen circumstances. While the project is progressing well, the client requests to add a new feature: a recommendation system based on users' previous purchases. This would expand the project scope, possibly extend the schedule, and require additional budget. What should you do?
1) Accept the client's request and modify the project scope, schedule, and budget accordingly
2) Decline the client's request and continue with the original project plan
3) Discuss the client's request with the project team and stakeholders to evaluate the feasibility and impact on the project
4) Suggest alternative solutions to meet the client's needs without significantly affecting the project scope, schedule, and budget