During regular progress review meetings, a team member reports bad news that significantly impacts the project schedule. How should the project manager respond to keep the project successful?

The project manager's primary role is to guide the project to success. When bad news arises, the most effective response is to immediately focus on solutions and recovery. This proactive approach minimizes further delays and demonstrates leadership. Simply logging the issue and moving on (incorrect) is passive and doesn't address the problem. Punishing the team member (incorrect) is counterproductive, creates a hostile environment, and discourages future reporting of issues. Highlighting criticality (incorrect) without offering solutions can create panic without progress. The focus should always be on actionable steps to mitigate the impact.