Confirming completion in the closing phase is important because it ensures that all project deliverables have been completed and transferred as per the project plan. It also allows for a final review of the project documentation and the release of project resources. Furthermore, it provides an opportunity for a post-mortem review to learn from the project's successes and failures for future improvement.
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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.