Perform a status assessment of the first project iteration (IIP1). DO NOT GENERALISE. Assess each activity separately and specifically against the intended outcome stated in the iteration plan. All activities must result in some change to the project's artefacts - this is the only possible measurement of progress. Back up claims of successful activity completion by including the generated or updated artefact with the status assessment.
Generate another iteration plan for the second inception iteration (IIP2). This iteration plan must aim to achieve the Life Cycle Objective Milestone by April 8. Plan IIP2 AS IF all activities in IIP1 were successful. Then ADD all incomplete and unsuccessful work items in IIP1 to the work scheduled for IIP2. This is necessary to avoid project schedule slippage.
Also, since Inception Iteration 2 completes the Inception phase, you must also plan to review the Inception phase and the project as a whole in 2 further status assessment documents. This is because the phase objectives are at a higher level than the iteration objectives, and require separate assessment. The same applies to project goals compared to phase goals. Allow perhaps ½ to 1 hour for these extra assessment tasks combined.