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Contract closure or Close project process?

Hi,

what do you think is correct answer on following question:

James Plug, PMP, is a project manager for StopAction, Inc. He is managing a project to develop a new high definition replay device. The project required that James put in place contracts with four different suppliers to provide parts, components and testing services. The project is expected to be completed in four weeks, James decides to contract StopAction's procurement department to work on the things required to settle and close all of the contractual agreements. Which process has James initiated?

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