Tag Archives: closure

Project Closure

Project Closure

Projects are time bound by nature. They have to be implemented within a specific period of time. Project Closing is the final phase and an important aspect of the project life cycle. It is, however, one of the most neglected project management activities. A Project Closure is often used in this phase to formally close projects. It used to summarize project results and validates the accomplishment of project goals.

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Project Charter

Project Charter

A Project Charter is a one page document that summarizes the fundamental information of a project before it begins. It clarifies the project objectives and scope, addresses the needs of the stakeholders, and defines the roles and responsibilities of the project team. The information in the project charter is critical for obtaining leadership support and commitment to provide the necessary funding and resources. Once signed, it authorizes the project leader to formally start on the project and use the necessary resources and funding to complete the project successfully.

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Project Closure Template

As part of the process of ending a project, Project Closure is a stage that often attracts less attention. It is a formal documentation that enables to assess the project outcome against its initial objectives. It is an important part of the overall project life-cycle and the bookend to the Project Charter. At this stage, a formal acceptance from the main stakeholders is gained to indicate their sign-off on the project.

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