The well known English phrase "last but not least" could not better express how valuable the project closeout phase is. Being the very last part of the project life-cycle it is often neglected even by large companies, unusually when they operate in multi-project conditions.
They tend to jump from one project to another and hurry into completing all project because time is pressing and resources are expensive. Then projects keep missing and companies take no healing actions, completely because they do not have the time to think about what went wrong and what should be fixed next time.
Lessons learned can be addressed at project displays as part of the closeout period. The closure also buys with the final aspects of the project and presents a normal ending for all methods, incorporating the delivery of the final product. You can also find Open Courses, Training Consultancy and In-House Training services via online sources.
This paper recognizes the reasons that closeout is neglected, analyzes the best methods that could improve its position within the business environment and recommend additional steps for a complete project closeout through continuous growth.
Project supervisors often know when to stop projects but they forget how to do it. They are so excited to build a project that they simply miss the completion indicators.
"Ideally, the project ends when the project goal has been completed and is ready to hand over to the client" (Wellace et. al, 2004, p156). In times of big booms and balloons, superior management could order the instant termination of costly projects. You can also find Relief and Development at Accord Worldwide.
A characteristic instance of this is Bangkok over expense in the building of sky scrapers, where many of them left forgotten without completing the final surfaces because of huge expenses (Tvede, 2001, p267).
When they skip a vital contract, for example, an invitation to sensitive tasks seriously mounted on time could be ended before regular finishing stage. Kerzner (2001, p594) provides some behavioral good reasons for early termination for example "bad comfort, human relationships or labor productivity".