Signatures Inc. specializes in producing personalized products such as coffee mugs and pens with company logos. The company generates over $40 million in annual revenues and has more than 300 employees. The company is in the middle of a large multimillion-dollar SCM implementation, and it has just hired your project management outsourcing firm to take over the project management efforts.

On your first day, your team is told that the project is failing for the following reasons:

• The project is using the traditional waterfall methodology.
• The SDLC was not followed and the developers decided to skip the testing phase.
• A project plan was developed during the analysis phase, but the old project manager never updated or followed the plan.

Determine what your first steps would be to get this project back on track. Why?