Project Management Areas
Closeout
Closeout varies by project type, but usually involves the turnover of physical deliverables, products, facilities, etc. It occurs when all defined project scope is complete and accepted, and often includes the closeout of contracts and other commitments, project closeout reporting, and assembling lessons learned. Meeting or exceeding client expectations defines project success. Meeting these expectations, and having an effective closeout and turnover, is strongly influenced by the clarity, simplicity, integration, confidence, and comprehensiveness of project team’s approach to all project management areas. And professional, accurate, and timely closeout and turnover activities can affect project teams’ reputations and the quantity and quality of projects they are awarded in the future.