When the sponsor requests earlier release, the project manager should first facilitate a value-focused conversation with the team and stakeholders to identify what can be delivered sooner without compromising essential objectives. Proposing an MVP (B) is the most effective first step because it reframes the request into deliverable increments: what is the smallest usable product that achieves key benefits and can be released early? This approach supports stakeholder engagement, expectation management, and benefits delivery, while also enabling trade-off decisions based on value. Updating the risk register and escalating (A) may be appropriate after options are analyzed, but it does not address the sponsor's goal. Asking stakeholders to reduce backlog (C) is a possible outcome, but it presumes an agile backlog and skips the essential step of defining what "early release" means in terms of minimum functionality and acceptance. Increasing capacity (D) is a resource/cost decision that should be considered only after evaluating scope/time trade-offs and feasibility. MVP first provides a structured path to negotiate scope and schedule realistically.