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Explain what is meant by the term project closeout

Give a brief explanation of the meaning of project closeout and give the key elements.

Answers

Lydia
i. The Project Closeout Phase is the last phase in the project lifecycle.
ii. Closeout begins when the user accepts the project deliverables and the project oversight authority concludes that the project has met the goals established.
iii. The major focus of project closeout is administrative closure and logistics.
iv. Project closeout includes the following key elements:
• Turnover of project deliverables to operations
• Redistributing resources—staff, facilities, equipment, and automated systems
• Closing out financial accounts
• Completing, collecting, and archiving project records
• Documenting the successes of the project
• Documenting lessons learned
• Planning for Post Implementation Review
lydiajane74 answered the question on October 10, 2017 at 11:23

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