As a project manager, you notice that your team's progress has slowed down significantly due to a lack of timely responses from a key stakeholder. This delay is causing the team to miss important deadlines. What should be your first course of action?
Assign additional resources to the tasks affected by the delays to compensate for lost time
Escalate the issue to higher management and request their intervention
Schedule a meeting with the key stakeholder to discuss the impact of the delays and find a solution
Adjust the project schedule to accommodate the delays without informing the stakeholder