When a project starts with a high priority but it is canceled because its rank erodes or crashes during its project life cycle. This is an example of what type of project closure?

Answer: Changed priority

Explanation:

Changed priority project closure is defined as the process in which modification occurring in priorities of project can result in closing of particular project. In such situation, project is closed, staff or workers are released, cancellation of contract can take place etc.

High-priority project can come to closing because of sudden mishappening or crash, dispute between involved parties, unfavorable development environment, etc. which impacts project's priority.