The standard for project management

4.7 CLOSE PROJECT OR PHASE

Close Project or Phase is the process of finalizing all activities for the project, phase, or contract. The key benefits of 

this process are the project or phase information is archived, the planned work is completed, and organizational team 

resources are released to pursue new endeavors. This process is performed once or at predefined points in the project. 

The inputs, tools and techniques, and outputs of the process are depicted in Figure 4-14. Figure 4-15 depicts the data 

flow diagram for the process.