project closure Flashcards
define project closure
a formal process to end a project because its to complicated or it has been terminated.
objectives of project closure
the project is closed down in a controlled and organized way.
all accountabilities relating to the project has been released.
reasons why projects might fail
- supplier insolvency
- the recovery of cost is to high
- customer cancells the order
4 unrealistic project requirement - change in project requirement
6.resources become unavailable. - profit becomes to low or cost to high
- forces of nature
- lack of management support
activities of closing a project
ensure total completion of the project.
notify client of completion.
ensure completion of all documents.
final billing
redistribute resources
legal closing of the project
archive all non disclosure documents
close all project books.
possible challenges during project closure
unexpected staff turnover
missing documentation
transitioning requirements
communication challenges
technical challenges
team challenges
client challenges