Project Closure
Ensure each project delivered expected benefits and results
The ability for project teams to collaborate—across functions, time zones, and organizational boundaries—is a key critical success factor.
Forbes Insights
Determine if project stakeholders received expected project benefits and results. Create a “punch list” of outstanding project tasks which must be done in a limited time to achieve expected benefits and results of the program, and communicate their status. Identify, create and assimilate a lessons learned document for use on future projects and programs.
Communicate remaining work and document lessons learned.
Practices
- Define tasks for project close out, including meetings to assess the project’s performance against established success criteria.
- Plan and hold project close out meetings. Collect feedback and input from key stakeholders assess the projects expected benefits, and usefulness of the project management system.
- Determine remaining activities required to achieve expected project results and benefits.
- Publish feedback from the review meetings about key activities that led to delivered benefits. Propose enhancements to the project management method for future projects.
- Increased opportunity for the project to achieve expected business benefits and results
- Strengths identified in the project management system for future projects
- Enhanced attention on closing-out remaining work tasks needed to deliver benefits
- Undiscovered project management concerns
- Missed circumstances from project experience