70 A project is nearing completion, and the entire project team is meeting. During the meeting, the team discusses a part of the project that went particularly well, and the person responsible for that task describes how they were able to exceed expectations. Another discussion summarizes a part of the project that was over budget and how the team could have prevented the cost Overrun. Which project closeout process is taking place in this meeting? Lessons learned review Releasing of project team members Team building session Formal acceptance of deliverables 71 A local government notices that a 10-foot deep sinkhole appeared in the middle of a main road in town. The town council decides to authorize a project to fill the sinkhole and repair the road. What is the project selection criterion being used to authorize the repair of the road? Sacred cow Weighted factor Operating necessity Competitive necessity