Question

A closeout report is primarily used to _____.

Answer 1

The correct answer to the given sentence is as follows:-

A closeout report is primarily used to draft the summary of a project plan and the performance efficiency of it.

• The discrepancy in the result and plan are always observed in every project.
• This is why a closeout report is used to analyse the differences, advantages and disadvantages to get the most out of it.
• The efficiency estimation is the most important part of a closeout report since the success of the project and all the factors of investment and expenditure depend upon it.