^ [[Appendix G - Glossary - PM2]] # Administrative Closure Administrative Closure takes place during the [[Closing Phase]] of a project. It is the process by which the Project Manager (PM) ensures that the project has been fully and formally accepted by the Project Owner (PO), that all documentation and records are reviewed, organised and securely archived, and that all **resources** are formally **released**. Spanish Guide: [[Cierre Administrativo]] <-- [[Actual Cost (AC)]] --> [[Agile project management]]