Defining acceptance criteria is the correct answer because it establishes the specific conditions that must be met for the deliverables to be considered acceptable by the project stakeholders. Quality metrics are used to measure and assess the quality of the deliverables, but they do not define the acceptance criteria itself. Scope baseline refers to the approved version of the project scope statement, WBS, and WBS dictionary, which is related to managing scope rather than quality. Defining quality standards is not directly related to managing project risks.
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