SOFTWARE PROJECT MANAGEMENT
PROJECT SCHEDULING AND TRACKING
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Creating lessons learned
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Formal acceptance
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Performance reporting
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Performing cost-benefit analysis
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Detailed explanation-1: -The three phases of project closure are technical, learning, and people. During the technical phase, clean up loose ends. For the learning phase, evaluate what did and didn’t work, as well as how to improve. In the people phase, appreciate team members.
Detailed explanation-2: -According to the PMBOK Guide (Project Management Body of Knowledge) by the Project Management Institute (PMI), a project management life cycle consists of 5 distinct phases including initiation, planning, execution, monitoring, and closure that combine to turn a project idea into a working product.
Detailed explanation-3: -In other words, Project Closing is the combination of the following when applied to a project: Assurance that all the work has been completed, Assurance that all agreed upon project management processes have been executed, and. Formal recognition of the completion of a project-everyone agrees that it is completed.