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The Project Closure phase is the last phase to close or transition a project. Project Managers should focus on establishing the guidelines for this process during the start of the Project.
The business case identifies the reason for the project’s undertaking.
The Project Schedule is a communication tool that will provide updates on the anticipated project completion.
Project management is the art of starting, organizing, planning, and managing projects. Key features of a project include that it is unique, not a regular process; temporary, with a definite start and completion date; and mission-oriented, initiated with a specific goal to achieve. Examples of projects include the construction of a new hotel in Las Vegas, building a mobile app, or launching a new service or branch of business.
Cost management is the process of figuring out how much the project is going to cost and what factors attribute to those costs. It allows a business to plan for costs to prevent it from going over budget.
The goal of communication is to keep everyone in the loop.
A properly managed team is crucial for a successful team.
A Quality Plan is essential and fundamental to achieve quality on a Project.
A risk is an uncertain event or condition; risk can be both positive and negative.
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