Close Project
The Close Project process involves performing the project
closure portion of the project management plan. In multi-phase projects, the
Close Project process closes out the portion of the project scope and associated
activities applicable to a given phase. This process includes finalizing all
activities completed across all Project Management Process Groups to formally
close the project or a project phase, and transfer the completed or cancelled
project as appropriate. The Close Project process also establishes the
procedures to coordinate activities needed to verify and document the project
deliverables, to coordinate and interact to formalize acceptance of those
deliverables by the customer or sponsor, and to investigate and document the
reasons for actions taken if a project is terminated before completion. Two
procedures are developed to establish the interactions necessary to perform the
closure activities across the entire project or for a project phase:
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Administrative closure procedure. This
procedure details all the activities, interactions, and related roles and
responsibilities of the project team members and other stakeholders involved in
executing the administrative closure procedure for the project. Performing the
administrative closure process also includes integrated activities needed to
collect project records, analyze project success or failure, gather lessons
learned, and archive project information for future use by the organization.
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Contract closure procedure. Includes all
activities and interactions needed to settle and close any contract agreement
established for the project, as well as define those related activities
supporting the formal administrative closure of the project. This procedure
involves both product verification (all work completed correctly and
satisfactorily) and administrative closure (updating of contract records to
reflect final results and archiving that information for future use). The
contract terms and conditions can also prescribe specifications for contract
closure that must be part of this procedure. Early termination of a contract is
a special case of contract closure that could involve, for example, the
inability to deliver the product, a budget overrun, or lack of required
resources. This procedure is an input to the Close Contract process.