Formally Complete or Close Project
Updated on 21.10.2026
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Table of Contents
- +Introduction to project management
- Definition of key terms
- What comes to the sponsor: everything needed for closure
- Closure is an administrative decision, not the end of the work
- How the decision proceeds: from accepted results to the sponsor’s signature
- Closure types: what is recorded in the report
- Close the contracts: what counts as closed
- Release the resources: people, equipment, licenses
- Reconcile the finances: the final financial statement
- Closure report: eleven facets of one document
- What remains with the organization: process assets and the PRINCE2 report
- After the decision: one path — to step 92
- Conclusion
- How to do it
- Tailoring
- Practice
