A competing firm has acquired your organization. The CIO decides to terminate the network storage implementation project that you outsourced to Steve's Network Storage because he plans to migrate all existing applications and databases to his Storage Area Network (SAN) environment. As the project manager, what is the best thing for you to do next?
A. Initiate administrative closure on the project.
B. Set up a meeting with the new CIO and the account manager from Steve's Network Storage in an attempt to save the current project.
C. Initiate contract closeout with Steve's Network Storage.
D. Perform a procurement audit.