Project Case : Closure Of A Project

The major purpose of the Project Closure Report is to inform the stakeholders as to why the project is closing; is it complete or not; has the budget been expended; did it fail or was it terminated for other reasons? The closure report can efficiently cover the information that is pertinent to the Project Sponsor and the Project Manager without being long and drawn out with excessive details.

PM within organizations is gaining momentum and an indispensable component of the work flow procedure. Improving organization project management can effectively improve an organization use of resources. Nevertheless, if an an organization does not possess a clean target and does not follow project phases no one willing enters into the transformational journey. The issue is the bottom line in PM, whether it is to better the organization financially, ethically, or for standardization of procedures. Constitutions must be cognizant of the elements and competencies required to receive a successful PM outcome. In the closing, business should have an active strategy to revise and adapt to the shifting marketplace.

The loss of client enthusiasm by a delay in the handoff from the sales team to the operations team can destroy the entire project. “It is critical that the hand-off from sales to operations is smooth and that communication with the client is

The mission of Project Completed Abandonment is to give a forgotten community access to recovery tools that can help them reach their full potential. This organization, core mission to combat the disease of alcoholism and drug addiction by proving around the clock services.

Hi Martin, you have provided many critical tasks that need to be performed for successful closure of a project. I would specifically stress about the importance of lesson learned. Often the news of a project closure brings in a state of negative thinking for the members of the project. This negative thinking obstructs them from grasping the opportunity of learning from the failure in the current project, so that they can avoid doing similar mistakes in future projects and drastically improve the chances of being successful the next time. (Shepherd, Patzelt, Williams, & Warnecke, 2014). Further, both rapid termination and delayed termination impacts the learning of the members from the failure. In terms of rapid termination, the resources do

Performance reviews are intended to encourage changes in behavior, encourage career development, and support continuous organizational learning. These reviews focus on social and technical contributions the individual contributed to the project team. For example, the 360-degree feedback process has been used successfully to improve the ability of people to work on teams. As long as performance reviews are not directly related to pay and promotion decisions, such reviews are more readily accepted and even perceived as positive for the individual and organization.Since pay reviews can result in negative or positive outcomes for a career, they are perceived as very serious by most individuals. Pay reviews should be more carefully structured and based on clear standards and criteria known to the person being evaluated. Every attempt should be made to avoid confrontation. 4. Advocates of retrospective methodology claim there are distinguishing characteristics that increase its value over past lessons learned methods. What are they? How does each characteristic enhance project closure and review? * Uses an independent facilitator. The facilitator is held responsible for identifying and implementing lessons learned. Independence encourages gaining more information from stakeholders. * Includes a minimum of three in-process learning gates during the life project cycle. These gates catch problems and success

Project audit termination: When the project ends, the audit process itself will end after it has finished the last task. There will be a final report generated and a review of the audit process will be done. The review of the audit process is to look for improvements in the audit and how it was conducted for future use.

This process involves the completion of all activities of all project management process groups to formally close the project or phase of the project and deliver the completed or canceled project, as appropriate. The closure of the project should not be postponed until the completion of the project. This is especially important in connection with construction projects with a diverse and large number of elements and a

Projects are by definition, temporary endeavour with commencement and ending periods. Wysocki (2012) identified project closure as the fifth process group in PMLC where the final product derived from the project is presented to the client according to specifications. The question of “how well did you do?” will be answered when client approves of the output, asset/output gets installed, audit tests post-implementation status and a final report submitted. The client’s acceptance of a project deliverable is a very important milestone as it sets in motion a key activity called “closure” which effectively brings to an end the project life cycle.

Several adaptations to the traditional approaches like agile, interactive, phased, extreme, etc have been made but each will be expected to meet the requirements of the project objectives, timeline, resources, and deliveries of the stakeholders. Other industry standard certifications like ISO9000 and regulations like the Sarbanes-Oxley have also influenced methodologies and processes used by several organisations (Kerzner, 2003). Generally, managing projects should involved five major process which include the project initiation, planning, execution, monitoring and controlling, and then project closing. See Fig. 2 below.

c After the acceptance of all stakeholders is achieved, actual growth begins and a project management methodology needs to be selected based on the major areas seeking improvement. A project tracking and monitoring system has to be in place for improved estimation of project life-cycle.

|Recognition of QASMS in present university students |Through the activity management and non-management students came to recognize |

The importance of performing close out activities before closing the project and the business risks associated with skipping these activities

The closing phase of the project management life cycle (PMLC) is an important stage that need be carefully undergone for it is here that justifies all the scoping, planning, launching, and monitoring and control activities. A successful project closure implies effective handling of subsequent projects, better performance from team members in future occurrence due to the appraisal they will get from current projects, good reputation for the company that handled the project via the project manager. If a client is satisfied with a PM’s job via the deliverables that the project made available, the company and the PM need not bother much on advertising themselves towards getting more contracts, for a happy client do a whole lot of advertisement

Conducting postproject reviews. Once you have closed down the project, final reviews of the project should be conducted with management and customers.