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Project Close

oboloo Glossary

Project Close

The official business definition of Project Close is the process of completing all necessary activities to formally close a project. This includes evaluating the project and documenting the results, providing a comprehensive review of the project, and determining the project’s success. During the project close process, it is important to create a timeline of accomplishments, document lessons learned, and complete the project’s financial review. It is also important to ensure that all stakeholders are informed of the project’s completion, and that any necessary handover documents are created. Once the necessary activities are completed, the project is formally closed and the project team can move on to the next project. Project Close is an important part of the project life cycle, and it is essential to have a well-defined process in order to ensure the successful closure of any project. This process should be followed to ensure that all stakeholders are aware of the project’s progress and to ensure

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