When a project timeline needs adjustment, what step should the Project Owner take first?

When a project timeline needs adjustment, the first step the Project Owner should take is to recalculate the project timeline. This is essential because recalculating the timeline allows the Project Owner to assess the current status of the project in relation to deadlines, identify any delays or changes in tasks, and understand the implications of these adjustments on the overall project schedule.

Once the timeline is recalculated, the Project Owner will have a clearer picture of what changes are necessary and how they will affect project completion. This step is critical before updating project status, communicating with stakeholders, or updating the project baseline, as it provides the foundational information needed for all subsequent actions. Understanding the new timeline ensures that any communications or updates are accurate and reflect the current state of the project, thereby promoting effective management and alignment of expectations among all stakeholders.