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June 8, 2014
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Other close-out items may consist of final measurements, final reports, client feedback and testimonials (McGary, 2003).
If however, the value of effective project termination activities is not banked then the opportunity to tie up the loose ends, do staff evaluations and document vital learning is lost...
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Thus it should be ensured that final reports are well written and an effective transfer of raw materials to other programs takes place on time. For this purpose, many projects may even require one to two months after work completion simply for administrative reporting and final cost summary.
Project Termination can not even be disregarded for an unsuccessful project...
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