What financial documentation do you need to complete? What financial records will be important to archive.

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Just as planning the project is an important project management activity. so are closing and evaluating a project. The real value of closing a project correctly is in documenting the information and experience gathered throughout the project. If your team immediately disbands when you complete the nal deliverable. you don't have chance to wrap up the loose ends. gather staff feedback. document key issues and how they were handled [well or badly]. 3.1.Case study Read the following case study. work through the management of a car park equipment upgrade project. Wis a large car parking company operating throughout Australia and New Zealand. As the WRegionai Manager. you have been tasked with project managing the new equipment upgrade of a shopping moor parkShop Fair. So far you have completed the following: you have been briefed on the overall goals of the project YOU have met with both intemal and external stakeholders you have completed a project scoping document you have meet with the State Operations Manager [your immediate boss) and the General Manager to determine the budget and timelines you have solved some key problems with the projects progress you have completed a comprehensive project plan you have assigned all roles and responsibilities you have implemented control processes you have allocated all of the required resources you have kept all stakeholders informed via progress reports The installation team have now completed all of the car park upgrade. All hardware and systems appear to be working smoothly. The project has encountered some unforeseen problemsmost prominently the communication campaign to better inform Shop Fair businesses and Plaza Towers tenants about the car park changes. Although you have successfully overcome these problems you have gone $5000 over budget and two weeks over schedule. Now that the project is closing staff roles are changing. The IT Manager and Installation Manager have other projects and responsibilities to work on. Contract staff have completed their contracts and moved on to other work. However. for a number of operational staff there will be reduced work and/or a change in work. Five staff members temporarily assigned to the project will not be required following acceptance and signoff. There is work for three of them at another site. However. for two of them, there is no alternate work. One of these is a permanent staff member. Another site upgrade has been earmarked for you in the near future. You are keen to wrap up this project before that one begins