PMP Questions ID 2449 due to lack of funding a project is terminated during its initiation phase and the project manag

Due to lack of funding, a project is terminated during its initiation phase and the project manager must close the project. What should the project manager do first?

Select one

Review the organization's project closure guidelines.

Perform a risk analysis to determine the potential impact of terminating the project

Refer to the communications management plan to properly inform all stakeholders.

Close all project procurement processes.

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