^ [[Project Management Methodology - Guide 3.0 (PM2)]] # 8 Closing Phase The final phase of a PM2 project is the Closing Phase. During The Closing Phase starts with the Project-End Review Meeting and ends with the Project Owner’s (PO) final approval, which marks the project’s [[Administrative Closure]]. During the Closing Phase, the project’s activities are completed, the project’s final state is documented, and the finished deliverables are officially transferred to the Project Owner (PO). ![[Fig 8.1 Closing Phase activities and main outputs.png]] ![[Fig 8.2 Closing Phase artefacts.png]] ## Project-End Review Meeting - The Closing Phase **starts** with an official Project-End Review Meeting. - **Project performance** is discussed, **team and contractor performance** are evaluated, and **Lessons Learned** are captured. ## Project-End Report - The Project-End Report is created **after the Project-End Review Meeting**. - The report documents **Best Practices, pitfalls and solutions to problems encountered** for use as a knowledge base for future projects. ## Administrative Closure - The Project Manager (PM) ensures that the project is **approved and accepted by the relevant stakeholders**. The finished deliverables are **transferred into the care, custody and control of the Project Owner (PO) and the requestor/client organisation.** - All documentation and records are **reviewed, organised and securely archived** with the **help** of the Project Support Office (**PSO**). Resources are released and the project is closed. ___ Spanish Guide: [[8 Fase de Cierre]] <-- [[7 Executing Phase]] --> [[8.1 Project-End Review Meeting]]