Project Management-The Final Phase
The Last of a Series of Articles
By Professor W. Paul Borkowski, published Feb 17, 2008
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Project Management-The Final PhaseUsing a structured, disciplined, standard approach, projects from initial concept through implementation. Using a set of tools and processes, the Project Team has refined our understanding of the mitigating issue in terms of Strategic Enterprise Alignment. The impact, influence and affect of issue domain has been related to the overall portfolio of initiatives. An action plan, with budget, time constraints, timelines and mile markers has been set and approved. The Ten Steps to Success have been executed and the project is now at completion.
At this point, the initiative is in use and integrated into the business model and process. The Project has come to completion. Our work is not done. Rather, a Closure Process is necessary by which to hand off this Project to operational status. This Closure process serves the purpose of documenting the final version of the Project with details usable at the operational level. Further, this closure process provides the expected, anticipated and desired performance measurements and criteria regarding operational success.
Included in our Closure Process is the Release of Resources or Roll-Out.
All final financial aspects are accounted for and the budget is closed.
All Project Records, Reports, Data and Documents are finalized and signed-off.
Final statements of usage regarding time and resources are made.
A determination of viability and life expectancy of the solution is included.
Decision-makers sign-off on the Closure Report and at that point the Project is considered terminated.

Project Management-The Final Phase
Prof. W. Paul Borkowski
Credit: Professor W. Paul Borkowski
Copyright: Professor W. Paul Borkowski
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"Lessons Learned" help to define a very specific and structured cross-project approach that results in our organization being a truly learning organization.Comments
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