Project Closing

Question 1

Closing process group consists of

Answer 1

the processes performed to formally complete or close a project, phase or contract

verifies that the defined processes are completed within all process groups to close the project or a phase

might also address the early closure of the project, for example aborted / canceled projects

establishes the procedures to investigate and document the reasons for actions taken when a project is terminated before completion

Question 2

Key benefits of closing process group

Answer 2

all phases, projects and contracts are closed appropriately

project or phase information is archived, planned work is completed and organizational team resources are released to pursue new endeavours

Question 3

Close project outputs

Answer 3

1. project documents updates
   -> lessons learned register
2. final product, service or result transition
3. final report
4. organizational process assets updates

Question 4

Activities necessary to satisfy completion or exit criteria fr the project of the phase include

Answer 4

1. Make certain all documents and deliverables are up to date and all issues are resolved
2. confirm delivery and formal acceptance of deliverables by the customer
3. ensure that all costs are charged to project
4. close project accounts
5. reassign personnel
6. deal with the excess project material
7. reallocate project facilities, equipment and other resources
8. elaborate the final project reports as required by organizational policies

Question 5

Activities related to the completion of the contractual agreement applicable ot the project phase

Answer 5

1. confirm the formal acceptance of the seller’s work
2. finalise open claims
3. update records to reflect final results
4. archive such information for future use