You are a project manager for Dakota Software Consulting Services. You're working with a major retailer that offers online and in retail stores. You're using a performance review to examine elements such as actual start and end dates for schedule activities. You also used SV and SPI calculations to determine the impact of schedule variations, which are more than the stakeholders will tolerate. Rumors have started and stakeholders have heard there might be a schedule delay. They've asked for a full report on the situation. Which of the following are true regarding this scenario? $($Choose two.$)$

Question $4$ options:

$1)$

You should ensure you know the facts about the schedule variances and how much the schedule might be delayed before reporting anything to the stakeholders.

$2)$

You should act as quickly as possible to implement corrective actions so that the schedule is brought back in line with the plan and delays are reduced as far as possible.

$3)$

Examine float variances because the activities with the least amount of float have the potential to cause the biggest schedule delays.

$4)$

Delays to the critical path tasks may cause delays to the project completion date, so examine any variances in ascending order of critical path tasks.