You are a project manager responsible for constructing a new sports arena in preparation of upcoming Olympics. Construction begins on the project over a year ago. The stakeholder of a project wants a status report on the performance of the project to date. Unfortunately you are afraid to tell your stakeholders that your project is coming in significant behind schedule. In fact schedule delays are so severe that the rebaselining of the project schedule is required. Which of the following statement are true?
A. Rebaselining is used as your first resort in controlling the schedule
B. Approval from all stakeholders is required prior to rebaselining the schedule
C. Historical data may be removed when you rebaseline the schedule
D. None of the choices are correct
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