The rollout of a new finance system is in the execution phase. A number of issues have surfaced in the last month that are slowing the project down. A new project sponsor has recently started with the company but has not had time to meet the project manager. The project is at the point where the issues are significantly impacting delivery of the project. How should the project manager alert the new project sponsor about these concerns? Send an email invitation to the project sponsor to attend all of the project team's weekly meetings, and hope the sponsor will find time to attend. Continue emailing updated project status reports highlighting the key risks and issues, and wait for the project sponsor to request a meeting. Send an email to the project sponsor summarizing the project status and key conces, and request an immediate face-to-face meeting to discuss them. Complete a risk analysis outlining the delays and impacts, and email a copy of the risk register, urging the project sponsor to respond