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Project Management & Agile · Foundational

Close Project or Phase

Process of finalizing all activities for the project, phase, or contract.

Definition

Activities include confirming acceptance of deliverables, transferring deliverables to operations, closing procurements, updating OPAs including lessons learned, releasing resources, and archiving records. It also applies to projects terminated early.

Example

After user acceptance, the PM obtains formal sign-off and archives the project files.

Exam tip

Even cancelled projects go through closure; obtaining formal acceptance is a key step.

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