• Unit 7: Closing Projects

    During this final phase of a project, approval for the project is obtained from the project sponsor and appropriate stakeholders. Project resources are released and returned, vendors are paid, and project documents are archived. In this stage, it's important to review the project and capture lessons learned that can then be passed on to future projects. Finally, teams should celebrate their success.

    Completing this unit should take you approximately 2 hours.

    • Upon successful completion of this unit, you will be able to:

      • evaluate lessons learned for future project implications;
      • describe the importance of stakeholder approval during project closing;
      • examine the various tasks that need to be addressed in project closure related to contracts and procurements; and
      • discuss the importance of celebrating the project team through rewards and recognition.

    • 7.1: Project Close-Out

      • Project Closure and Auditing Book

        These sections focus on the tasks needed to close a project once the deliverables are complete.

      • Project Completion Book

        This chapter focuses on the key activities that take place during the project closure phase. Pay attention to contract closeout, final payments, releasing the team, and post-project evaluations. These help ensure that the project met the goals and objectives of the stakeholders.

    • 7.2: Closing Project Procurements

    • 7.3: Project Closure and the Project Team

      • Project Closing Page

        Formal and proper project closure is often a phase that is missed by organizations. This video provides a discussion of the importance of this phase, as well as how to implement the project or transition to ongoing business operations, obtain approvals from stakeholders, capture and disseminate lessons learned, and archive all project documents.

    • Unit 7 Study Resources

      This review video is an excellent way to review what you've learned so far and is presented by one of the professors who created the course.

    • Unit 7 Assessment

      • Unit 7 Assessment Quiz
        Receive a grade

        Take this assessment to see how well you understood this unit.

        • This assessment does not count towards your grade. It is just for practice!
        • You will see the correct answers when you submit your answers. Use this to help you study for the final exam!
        • You can take this assessment as many times as you want, whenever you want.