Project closure
Project closure formally brings a project to an end, whether after planned delivery or an authorised early termination. It addresses acceptance or the status of unfinished work, handover, records, contracts, resource release, outstanding actions and lessons. Responsibilities for subsequent operations and benefits measurement need clear owners. Closure does not itself prove that all objectives or intended benefits have been achieved.
Worked example
A project is cancelled after a pilot shows insufficient demand. Closure records the decision, ends supplier commitments appropriately, preserves useful learning and assigns responsibility for outstanding obligations. The project has closed despite not delivering the original full rollout.
Common mistake
Do not define completion as every benefit already realised or every conceivable defect eliminated. State the agreed acceptance and remaining obligations.
Where it appears in your exams
| Qualification | Exam | Relationship | Period |
|---|---|---|---|
| ACCA | SBL | Supporting | September 2026–June 2027 |