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

Close all project procurement processes.

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

Review the organization's project closure guidelines.

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

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