HomeRoots Pitch Deck | Investor Insights | April 2024
Project termination, reporting and project closure
1.
2. Project Close-Out Phase
During the Close-out Phase, all project activities
are completed and all deliverables are finalized.
The project sponsor reviews the project and all
testing is completed. Final reviews and
documentation are completed and the customer
accepts the final project deliverable.
The activities of this phase also ensure that best
practices are captured and can be shared, and that
continuous improvement on both team and
personal levels is practiced.
3. Project Close-Out Phase
The project manager is responsible for
archiving project documentation,
obtaining deliverable sign-off,
assessing customer satisfaction,
capturing lessons learned, debriefing
team members, and completing
performance evaluations.
4. Administrative Closure
The project manager is responsible for the
administrative closure at the end of the
project.
This includes closing out all procurement
contracts, matching up supplier invoices
with payments, conducting performance
reviews for the project team members and
obtaining appropriate signatures to confirm
completion of the project.
5. Step-By-Step Process of
project close out
1. Administrative Closure
2. Survey the Project Participants
3. Conduct Post Implementation
Review
4. Develop Lessons Learned
5. Send Documentation to Repository
6. Hold Project Celebration