Why Is Project Closing Important?
Much like Initiation, Planning, Execution, Monitoring, and Controlling, Project Closing is vital for the organization. It serves a key purpose, helping to avert unfavorable scenarios. This integral process ensures the project’s proper conclusion, contributing to the overall success and resilience of the organization.
- Consider passing on the responsibilities as your project wraps up to avoid becoming the perpetual go-to person.
- Crafting a thoughtful project closure document is key to this transition.
- Clearly outline the project’s initial objectives within the document.
- Specify the success criteria established to meet those objectives.
- Detail the actions taken to achieve the project’s goals successfully.
What are the steps to close a project?
Many professionals underestimate the vital role of the project closing phase, viewing it as mere bureaucratic compliance. Yet, the Project Closing Process Group is as crucial as initiation and execution. Neglecting it risks exposing the organization to substantial hazards, hindering benefits realization, causing losses, and damaging the project team’s credibility.
Table of Content
- What is Project Closing?
- Why Is Project Closing Important?
- Steps Needed to Close a Project
- What is the Best Possible Manner to Close the Project?
- Conclusion
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