After a project status meeting, the project manager realizes that the project is under budget, quality checks are positive, and the schedule variance is negative. How should the project manager qualify the project status?
Despite being under budget and having positive quality checks, the negative schedule variance indicates that the project is not progressing as planned within the established timeline. This status suggests that the project is experiencing delays, which could impact future deliverables and overall project success. By recognizing the project is behind schedule, the project manager can focus on identifying the root causes of the delays, implementing corrective actions, and communicating effectively with stakeholders to realign expectations and ensure that the project gets back on track.
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