The Program Closing Phase of the program life cycle includes the following tasks:
- Complete a program performance analysis report by comparing final values to planned values for scope, quality, cost, schedule, and resource data in order to determine program performance.
- Obtain stakeholder approval for program closure in order to initiate close-out activities.
- Execute the transition and/or close-out of all program and constituent project plans (for example, perform administrative and PMIS program closure, archive program documents and lessons learned, and transfer ongoing activities to functional organization) in order to meet program objectives and/or ongoing operational sustainability.
- Conduct the post-review meeting by presenting the program performance report in order to obtain feedback and capture lessons learned.
- Report lessons learned and best practices observed and archive to the knowledge repository in order to support future programs and organizational improvement.
To learn the Portfolio Closing you need:
- Read Section 7.1.4 ‘Program Closure Phase’ and Section 8.3 ‘Program Closure Phase Activities’ of the Standard for Program Management, 4th Edition.
- Test your knowledge to complete the Closing Stage study.
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