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The project is behind schedule and overspent If the project is behind schedule and overspent, begin by establishing how much has been accomplished and the cost (Lewis, 2011, p.358). Establish the schedule variance and the cost variance. Secondly, establish the cause as discussed above. For example, the cause may be that the contractor is not efficient or the estimate was optimistic. In short, establish how long it will take to complete the project with the delay and how much that will cost. Get a breakdown of what the delay will do to the budget and find out what your team is able to deliver by the original due date if you decide to stay in budget. Then make a decision and inform the Client.