Closure
The closure phase indicates the completed project. If a project end seems to be in sight, the closure phase must be prepared, often involving a thorough project review, including what went well, processes that need improving, successes and failures, and what to do differently on the next project. Administrative activities include the archiving of the files and documenting lessons learned. This phase also includes the post-implementation review and project audit.
Guide: Project Life-Cycle Closure
The 'Closure' is the final phase of the project life cycle, whereby a project is formally closed and handover is accomplished. It is a crucial part of the Comprehensive Project Life Cycle Model (CPLM).
Importance: Closure phase ensures that all project activities are completed, all products are handed over, all documentation is finalized, and resources are released.
What it is: It includes several activities such as project completion, project evaluation, release of all project deliverables and documentation, final report writing, project resources release, and termination of contracts.
How it works: This phase starts when the product is ready and all the requirements have been met. The project manager will then gather all project documents, hold a meeting to review the project, release the project resources, and then will finalize the project closure.
Exam Tips: When answering questions on closure in an examination, go through your course material thoroughly to make a clear understanding of the concept. Focus on understanding why project closure is important, what tasks it includes, and who is responsible for carrying out these tasks. Also, know that closure is not just about ending a project but also about how lessons learned can be used in future projects.
Go Premium
Certified Associate in Project Management Preparation Package (2024)
- Earn 15 PDUs needed for your CAPM certification
- 4454 Superior-grade Certified Associate in Project Management practice questions.
- Accelerated Mastery: Deep dive into critical topics to fast-track your mastery.
- Unlock Effortless CAPM preparation: 5 full exams.
- 100% Satisfaction Guaranteed: Full refund with no questions if unsatisfied.
- Bonus: If you upgrade now you get upgraded access to all courses
- Risk-Free Decision: Start with a 7-day free trial - get premium features at no cost!