Project Closure

Project closure is the final phase of a project where all tasks are completed, and the project is formally finished. It involves reviewing the work to ensure objectives are met, completing any remaining documentation, releasing project resources, and reflecting on lessons learned. This process ensures that stakeholders agree that the project has been satisfactory and that all contractual or organizational commitments are fulfilled. Ultimately, project closure signifies the official conclusion of the project activities, allowing resources to be reallocated and the team to move on to new initiatives.