compare and contrast closure activities and lessons learned from completing the project in the example below

Project closure activities ensure the recording project documents, archiving in organizational process assets, making final payments, releasing resources, and completing the project (Akkartal, 2020). Project Closing serves an important purpose for the organization and helps it avoid unfavorable and adverse scenarios (Aziz, 2015). It helps in avoiding any project oversight. The three major things to look for would be the assurance that all the work has been completed, all agreed-upon project management processes have been executed, and formal recognition of the completion of a projecteveryone agrees that it is completed. Below you will find the 5 closure activities that must take place when closing a project. 1. Formally transfer all deliverables This is the first step in closing a project properly on deliverables should be made available to the client. Review the project plan and be sure to verify that all deliverables have been completed and that they are ready to be sent to the client. 2. Confirm the project is complete While the project may be declared as done, you want to be sure that it is actually complete. All stakeholders should be able to come to an agreement on the status of the project. This should be done before closing out the project and moving on to another. If this step isn't done properly that leaves the possibility that the company could still be charged and could still receive a change request from that client. Everyone must be on the same page. As soon as the stakeholders come to an agreement that all parts of the project plan were executed to their liking the official sign-off can be given. This step should be documented as proof that everyone signed off on the project closing. 3. Review all contracts and documentation You can begin closing out projects after approval is received. At that point, contracts can be closed out. All documentation should be reviewed again to be sure that everyone who should have been paid has been for their work and also confirm whether or not there are any outstanding invoices. 4. Release resources Formally release resources from the project, including suppliers, contractors, team members, and any other partners. Notify them of the end of the project, confirm any final payments or obligations, and officially release them so they are free to work on other projects (Contact Team, 2019). 5. Conduct a post mortem A post-mortem is like a review of the project. It is one of the most valuable steps of the project closure process. At this time the project manager and team can review the successes, failures, and challenges of the project and identify opportunities for improvement going forward. That way should they encounter a similar project in the future there will be documentation of all the do's and don't's that may have help the project up or expedite the process. This can be done by using a survey for feedback. In the end, once this is completed a celebration should ensue to acknowledge the accomplishment.