Project Closure CPSP
Project Closure CPSP
14 Project closure
By the end of the session, learners should be able to;
(a) Describe the concept of project closure
(b) Explain the importance of project closure
(c) Discuss the project closure process
(d) Determine activities in project closure
(e) Explain deliverables in project closure
(f) Appraise project closure best practice
4. Financial Accountability: Closing out the project includes reconciling the project budget. This
ensures that all expenses are properly accounted for, invoices are settled, and any remaining
funds are handled according to organizational policies.
5. Quality Assurance: A thorough review of final deliverables and project outcomes during closure
ensures that the project's quality standards have been met. Any deficiencies can be identified
and rectified.
6. Resource Allocation: By formally closing a project, an organization can assess the availability of
resources for upcoming projects more accurately. This helps in resource planning and allocation
for future initiatives.
Quality Assurance, the verification process ensures that each deliverable meets the
defined quality criteria. If there are any discrepancies or defects, they need to be
identified and addressed before the project is officially closed.
Closure Criteria: Closure criteria for deliverables should be well-defined in the project
plan or requirements documents. These criteria outline what constitutes successful
completion and acceptance of each deliverable.