It is common to move the repository to another local disk (i.e. D).
Careful as this must be done properly, not just by coipying stuff.
We recommend creating the new/blank repository location by running the Configuration Wizard to change the path to a NEW location, and copying/moving the domain folders and project folders over later.
You may want to keep the old copy of the repository around while you get the projects re-pointed or you will likely have other issues with your server not being able to get to the old location while there is a mismatch between the ''new'' general repository location and the old path that all of the projects are still using.
WE HIGHLY recommend using a copy utility that can validate/verify that the copies have been made completely (we use a free utility called ''TeraCopy'' as it can do the copy and with a check of the green checkmark/circle int he upper right of it's dialog window, you can have it run a verify on the copy and lists out all of the files copied correctly/incorrectly.
Another technique is to have the backup team RESTORE your entire repository folder structure to a different drive (similar path is OK and actually easier).
Now, once the repositories are properly copied/moved, then ALL of your projects will need to be re-pointed to the correct repository folders, this is done by performing a REMOVE on a project, then editing the DBID.xml file to point to the new ''project directory'' (repository path), and then RESTORE the project from it's DBID.xml in Site Admin.
I usually create a NEW/blank project with Site Admin after specifying the new repository location so I can see the new path represented int he new project's DBID.xml file.
See these other articles from EyeOnTesting:
Reasons you are running out of space:
http://eyeontesting.com/questions/13446/running-out-of-disk-space-hp-alm.html
What can happen if you don't change the repository location correctly:
http://eyeontesting.com/questions/5600/getting-server-muted-error-after-changing-base-rep.html
If you cannot find the Configuration Wizard link/shortcut:
http://eyeontesting.com/questions/7793/where-is-the-link-for-configuration-wizard-on-alm1.html