PMP (project Management Professional) Exam Cram Notes : Closing

5. Closing

Closing a project is as important as initiating that every project must be gone through the Close Project process, even it is terminated. It is the process to finalize all activities across all of the project management process.

Lessons learn is a part of project closure. No matter whether project meets expectation or fail to meet the outcome, project manager must ensure lesson learn as a part of project closing.

By the time the Close Project or Phase process happens, Rogers should have already gotten formal written acceptance for the deliverables. That's what the Verify Scope process is for, and he should verify that formal acceptance in the Close Project or Phase process.

At the end of every project, you sit down with the project team and write down everything you learned about the project. This includes both positive and negative things.

Lessons learn is a part of project closure. No matter whether project meets expectation or fail to meet the outcome, project manager must ensure lesson learn as a part of project closing.

Lessons learned documents describes more than just the critical decisions made. It helps to recall what went right, wrong, progress throughout the project. Support cost and time decisions and creating basis to issue experience letter for team members as well as PM are correct but not the most important reason to collect project records.

Checking and confirming whether the phase has reached its objective and deliverables are formally accepted or not is already done for the project and resource availability for the next phase is done afterwards. Identify risk is done throughout the project. Checking and confirming whether the phase has reached its objective and making sure deliverables are formally accepted is the last work before proceeding to the next phase.

Close Project or Phase Process is performed when the project or phase is finally completed and deliverables are accepted. Confirming work is done to requirement, and is performed in the beginning of project closure activities.

Contract closure may happen before the project as a whole is complete.

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