Project closure is the last stage of the Project Life Cycle. The beginning of the Project Closure Phase is analysed by the completion of all project objectives and approval of the end product by the customer. An effectively closure plan provides an outline of required tasks that must be accepted out properly in order to result in successful project delivery. Most projects reach their planned conclusion. Projects are designed to produce a specific unique outcome, and when that outcome is delivered, the project should end. This "end" can be a process and normally referred to as project closure.
Adequate preparation is an element to ensure a smooth transition to project performance. The closure plan must be considered at the beginning of the project.
There are three main aspects of project closure. They are as follows:
Project Closure includes the following tasks:
Projects usually have start and defined end. It involves handling over the deliverables to your customer, release staff and inform stake holders of the closure of the project. After the project closure, a post implementation review is completed to determine the project success and recognise the lessons learned. The activities taken to close a project and the template which helps you to complete each activity are explained in the figure: