What is Closing (Closed Project)

Closed/closing Project

Ronald is working on a complex project, which he needs to work with the functional managers. Currently, he is involved in the process group which obtains formal sign-off from customer for the project or phase, measure customer satisfaction, archive project records and documents, document lessons learned and release the resources. The process which Ronald is involved in is called?

A. Direct and manage project work.
B. monitor and control project work.
C. Close project.
D. Perform integrated change control.

Answer: Option C is correct.

The process group which Obtains formal sign-off from the customer for the project or phase, Measure customer satisfaction, Archive project records and documents, Document lessons learned, Release the team is called closing. Project enters into the closing process group when the project phase is completed or the project is completed. The closing process group formally completes all the activities across all project management groups in a project phase or a project or contractual obligations. Premature closure of the project is also formally done in this process group. 

During project closure, the following may happen.

  • Obtain formal sign-off from customer for the project or phase.
  • Conduct post-project review.
  • Measure customer satisfaction.
  • Archive project records and documents.
  • Document lessons learned.
  • Update organizational project assets.
  • Transfer products to operations.
  • Release the team.
  • Close the contract.