The closing phase in project management is crucial as it involves the transfer of deliverables, confirmation of completion, review of documentation, release of resources, and post-mortem. This phase ensures that all project tasks have been completed and the project has achieved its objectives. It also provides an opportunity to learn from the project and apply these learnings to future projects.
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Planning Phase – this phase requires creating a task list, making a budget, developing a risk management plan, building a project schedule and assigning tasks. Execution Phase – includes task, time, cost, quality, change, procurement and resource management, collaboration, monitoring, control and reporting. Closing Phase – the last phase of the project management deals with deliverables transfer, completion confirmation, documentation review, resources release and post-mortem.
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