During a project status review, a project manager realizes that the tasks are running behind the original timelines. Given the importance of aligning with previously successful projects' benchmarks, which of the following actions would be BEST to perform next?
Introduce longer working hours to catch up with the delay.
Conduct an immediate team meeting to discuss delays.
Revise the project schedule including adjustments based on historical data from similar past projects.
Apply pressure to the team to speed up the work without revising any schedules.