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.

Monetary Drivers
  • 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

 

Risk Considerations
  • Undiscovered project management concerns
  • Missed circumstances from project experience

Return to: Project Office: A Superior Model for Project Management