The document discusses signs that a project is in trouble and provides recommendations for getting a failing project back on track. It notes that common signs include missed deadlines, declining quality, low morale, and lost customer confidence. The key recommendations are to cut scope, increase productivity, or slip the schedule. The document also emphasizes focusing on the three P's - people, process, and product. It provides specific suggestions in each of these areas, such as improving communication and leadership, stabilizing requirements, and breaking work into smaller milestones. Regularly reassessing progress and the recovery plan is also stressed.