Which of the following actions would require a formal project closure? (Select Two).

An indefinite delay due to a vendor issue might eventually lead to a decision to terminate the project, but the delay itself is not the formal closure action; the decision to terminate would trigger closure.

Producing a non-compliant product indicates a failure in project output that would likely necessitate re-scoping, corrective actions, or project termination, but the non-compliance itself is not the formal closure event.

When all project work is completed and its objectives are achieved, formal closure is necessary to officially acknowledge the project's conclusion, gain final stakeholder acceptance, and release project resources.

Running out of money constitutes a critical project termination event, requiring formal project closure to cease activities, document the reasons for financial cessation, and settle all outstanding accounts and contracts.

A disinterested project sponsor might signal a lack of executive support, potentially leading to project termination, but their disinterest alone is not the formal trigger for project closure; the subsequent decision to terminate is.