Question
Releasing resources after a project is completed is necessary for several reasons. Firstly, it allows for the reallocation of these resources to other projects or tasks that require them. Secondly, it helps in reducing unnecessary costs associated with keeping resources tied up. Lastly, it allows for a proper closure of the project, ensuring all aspects of the project have been completed and accounted for.
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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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