You ’ re a project manager for a large, complex IT project. You ’ re in the middle of the executing phase. The project sponsor has decided to cancel the project because of unexpected cost overruns and resource shortages. What are your next steps? Choose two.

A. Change vendors to obtain a lower bid for hardware and software components.

B. Prepare project closure documents, including lessons learned.

C. Perform a post - mortem analysis, and release resources.

D. Ask the sponsor to allow you to redesign the project with fewer deliverables.

E. Ask for a new sponsor.