Exam 9: Closing the Project

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The fourth and final phase of the project life cycle is

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A financial related activity that must be performed during the closing phase is assuring that

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The project manager should schedule the meeting immediately following the delivery of the final report rather than waiting for a time when the customer is in a position to really determine whether the project met expectations and achieved the anticipated benefits.

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Lessons learned may be lost from a project if they are not captured at the moment the lesson is learned.

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The process of closing the project involves various actions, including

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The project manager should schedule the post-project evaluation meeting with the customer or sponsor for a time when the customer is in a position to

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Hold meetings at the end of the project with team members to have feedback from each team member about their performance and how to improve future projects.

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During project closing, the project team or contractor should ensure that copies of appropriate project documentation are properly organized, filed, and archived so that

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Projects also can be terminated by the sponsor or customer for financial situations.

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Projects also can be terminated by the sponsor or customer due to a project return on investment increase.

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The open-ended question post-project evaluation meeting should contain an opportunity to talk about possible additional projects and assume permission to use the customer as a reference with potential customers.

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At the meeting with the project team at the end of the project, the project manager should lead a discussion of what happened during performance of the project and solicit specific recommendations for improvement.

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Participants of should include the project manager, key project team members, and key representatives of the customer's organization who were involved with the project.

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The project organization should establish a that includes an easily accessible repository that encourages project managers and teams to retrieve lessons learned and information from previous projects.

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The process of closing the project involves various actions, including

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Projects also can be terminated by the sponsor or customer.

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Just as important as having the internal post-project meetings within the project organization is having a post-project evaluation meeting with the customer or sponsor.

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The project manager should prepare a written performance evaluation of each member of the project team that mentions how each has

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As part of, or in addition to, the documents in the archive, it can be valuable to create a database of common data elements from past projects in order to analyze and determine if there are trends or correlations that

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During the , review and evaluate performance of the project and identify what can be done to improve performance on future projects.

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