The best option for EnergEyes to manage its risk in this situation is to do the following: Wait and see whether climate change stops so the project can continue as planned. Terminate the contract and then evaluate the financial consequences later. Ask the other party to the contract to agree to terminate the contract before evaluating the various options since that is clearly the best option. Renegotiate the contract for a higher cost that could make the project financially profitable even if it may still be impossible to predict total costs. Consider the various options for terminating this contract and evaluate the pros and cons of each ontion