Question $40(1$ point$)$Scenario: You are the project manager of a software development project. During the project execution phase, you notice that the team is consistently missing deadlines, and the project schedule is slipping. What should you do$?$Analyze the root causes of the delays and implement corrective actions.Continue as is; delays are common in software projects.Escalate the issue to senior management and seek additional resources.Revise the project schedule to account for the delays without taking any further action.