The risks for a projects construction activities were transferred to an insurance company. A major risk occurs that damages the completed work.
What should the project manager do next?


A. Deduce the costs for repair from the client and inform the sponsor.

B. Inform the client that the project can no longer be completed.
C. Notify any impacted parties and take necessary actions to receive compensation.
D. Review the budget and use the management reserve to cover the cost of the damages.