[StudlyCaps]

Does your team have a project manager? If so, he or she is the person to go to when you think a project is in jeopardy.

How did it come to this? Were the original time estimates way off? Was there significant scope creep? Were there blockers that were beyond your control (ie. tech problems with dev environments, specs were delivered late, etc.)

More than likely, the release date can be pushed.