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A project manager determines that a critical path activity is going to be delayed. The team proposes a fallback plan that could get the project

A project manager determines that a critical path activity is going to be delayed. The team proposes a fallback plan that could get the project back on track, however, the plan would require an additional cost to an already tight budget What should the project manager do? Use the existing budget for executing the fallback plan and update the baseline. Evaluate the fallback plan proposed by the team and submit a change request, if required. Add additional resources to the project to fast track certain activities and reduce delays. Communicate the delay to stakeholders and maintain the existing budget baseline

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