A project is behind schedule and over budget, resulting in a problem for the next...

The project manager should schedule a kick-off session to explain the problems of the project and gain approval and support from the stakeholders. This will help to align the expectations, clarify the objectives, and address the concerns of the stakeholders. A kick-off session is a tool and technique of the Develop Project Charter process, which is the first process in the project integration management knowledge area. Sending communications for clarification, demonstrating the performance indexes and recommending corrective actions, or speaking with the sponsor and explaining the situation are all possible actions that the project manager can take after the kick-off session, but they are not the first action that the project manager should take to alleviate the stakeholders’ concerns. References: PMBOK Guide 7th Edition, page 49; Agile Practice Guide, page 26.