27. You are a senior project manager working on developing a new production line for ice pops. After six months of a one-year project, you are told that the company is losing money because of interest rate changes; your project is canceled, and all the team members, contractors, and full-time staff are to be let go. Until now the project was on target, on schedule, and on budget. You’ve seen this before—

no money now, but more money next fiscal year. What is the best action to take next?

A. Document the reason for early termination and transition the complete and incomplete deliverables to production/support/operations.

B. Have a meeting with the executive sponsor and explain the sunk cost of your project.

C. Use the resource management plan for guidance and release the project resources.

D. See if another project needs a senior project manager.