Project Closure: 10 Points to Keep in Mind

Project Closure

In software project management, project closure is a critical process that marks the end of the project. It involves formally bringing the project to a close by delivering the final product to the customer or user and closing out all the project activities. The project closure process ensures that the project is completed successfully and the stakeholders are satisfied with the final deliverables.

Here’s how to handle project closure and the steps to follow:

  1. Identify the completion criteria: Before closing out a project, the project manager must identify the completion criteria that the project needs to meet. This includes ensuring that the deliverables meet the specifications, the project meets the timeline, budget, and quality requirements, and all stakeholders are satisfied with the final outcome.
  2. Obtain approvals and sign-offs: The project manager should obtain all necessary approvals and sign-offs from stakeholders before closing the project. This includes obtaining final acceptance from the customer or user and ensuring that all documentation is complete and up-to-date.
  3. Conduct a project review: A project review should be conducted to identify lessons learned and areas for improvement. This review involves gathering feedback from stakeholders, analyzing project performance metrics, and documenting the results.
  4. Close out project activities: The project manager should ensure that all project activities are completed, including the final release of the product or service, documentation of final project status, archiving project materials, and closing out all contracts and financial obligations.
  5. Celebrate success and recognise team members: It’s important to celebrate the success of the project and recognise the efforts of team members who contributed to its success. This could include a post-project review meeting, awards and recognition ceremonies, or other team-building activities.
  6. Transfer ownership and knowledge: The project manager should ensure that all necessary knowledge and ownership of the project are transferred to the appropriate stakeholders. This includes training the users on how to use the product or service, transferring ownership of project deliverables, and ensuring that all necessary documentation is transferred to the appropriate parties.
  7. Evaluate project success: The project manager should evaluate the success of the project based on the criteria identified during the planning phase. This evaluation should include both objective and subjective measurements, such as the completion of project objectives, stakeholder satisfaction, and lessons learned.
  8. Archive project materials: All project materials, including documentation, project plans, and project artifacts, should be archived for future reference. This archive should be easily accessible and well-organized so that stakeholders can easily access the information they need.
  9. Close project resources: All project resources, including team members, equipment, and facilities, should be released and returned to their respective departments or owners. This includes ensuring that all financial obligations are met, all equipment is returned, and team members are reassigned to their next projects.
  10. Update organizational knowledge base: The project manager should update the organization’s knowledge base with the lessons learned from the project. This will help future project managers to learn from past experiences and avoid making the same mistakes.

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About the Author: Anuj Seth

Anuj is a certified PMP with over 20 years of Software Development and Management experience. He founded PM Tips in 2020. Contributors are welcome. Drop him a note via the Contact page.

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