What are the The primary elements in the Closing process group shall need to be included?

• Confirm that all the requirements have been met.
• Close Procurements. Within this process, multiple action are involved such as:
  • Verify the product.
  • Issue formal acceptance.
  • Conduct a procurement audit.
  • Report final contract performance.
  • Document lessons learned.
  • Perform financial closure of the contract (make the payments).
• Get formal acceptance of the product (product, service or result) of the project.
• Measure customer satisfaction.
• Perform financial closure of the project.
• Report final project performance.
• Document lessons learned.
• Update project records.
• Archive project records.
• Hand-off the completed product.
• Release the team and other resources.

Project closing is an important part of project management that's sometimes overlooked. Closing a project means finishing all activities across all process groups, disbanding the project team and signing off the project with the customer.

At this point, it's important to know how well the project has performed. This task is done using the project closure report. The report communicates how well the project has performed against its original business case, quality measures, cost, duration and tolerances.

Rather than leave valuable project experiences locked in people's heads, it's a good idea to complete and publish a lessons learned report. This report passes on valuable lessons that future projects can apply.

Thanks for invitation,

the answer is there

The primary elements in the Closing process group include:

• Perform final product verification

• Deliver final contract performance reporting

• Audits of all procured service/merchandise

• Obtain formal contract acceptance

• Create a contract archive

• Complete final performance reporting

• Obtain formal acceptance of project

• Document and lessons learned

• Create the project archives

• Release all project resources

Additional knowledge and skills needed by the PM for closing activities also include:

• Contract closure requirements

• Basic project accounting principles

• Close-out procedures

• Feedback techniques

• Project review techniques

• Archiving techniques and statutes

• Compliance

• Transition planning techniques