Closing a Project Process

In the context of PRINCE2 7, the Closing a Project (CP) process provides a fixed point to confirm that acceptance for the project product has been obtained and to recognize that the objectives defined in the Project Initiation Documentation have been achieved. Its primary purpose is to ensure a clear, efficient end to the project, preventing it from drifting into business operations without formal handover or evaluation. This process is executed by the Project Manager and is usually triggered towards the end of the final management stage, though it also applies if the Project Board mandates a premature closure. The specific activities undertaken ensure that the project has nothing more to contribute. Key activities include: 1. **Handing over products**: The Project Manager ensures operational and maintenance staff accept the products. In PRINCE2 7, this includes verifying that sustainability targets and data management requirements are met alongside standard quality criteria. 2. **Evaluating the project**: The Project Manager compiles the End Project Report. This document compares the final project performance against the original baselines regarding time, cost, quality, scope, benefits, risks, and sustainability. 3. **recommending closure**: Follow-on actions (for unachieved benefits or operational risks) are documented, and lessons learned are finalized to benefit future projects. Once these outputs are prepared, the Project Manager recommends closure to the Project Board. Upon approval, project resources are released, and the project management team is disbanded, ensuring a clean transition to benefits realization. In the context of PRINCE2 7, the Closing a Project (CP) process provides a fixed point to confirm that acceptance for the project product has been obtained and to recognize that the objectives defined in the Project Initiation Documentation have been achieved. Its primary purpose is to ensure a cle…