Question

Which stage of project solutioning confirms that project deal is completed?

Answer 1

Answer:

• “Close Project or Phase is the process of finalizing all activities for the project, phase, or contract. The key benefits of this process are the project or phase information is archived, the planned work is completed, and organizational team resources are released to pursue new endeavors.

Answer 2

The project closure stage of project solutions confirms that the project deal is completed.

• In the last project management phase, all the activities related to its completion are completed which may include making a final distributable submission, fulfilling contractual obligations, canceling the relevant contract, and disclosing project resources.
• Regardless of the outcome of the project life cycle, however, it would be good for you to conduct a project retrospective. This way, you can process new learnings and ensure improvement in your next project management scenario.

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