There are four fundamentally different ways to close out a project.

Question

Quizplus · Accepted Answer

There are generally considered to be two main ways to close out a project: administrative closure and contractual closure. Administrative closure involves completing all project activities, obtaining acceptance for the deliverables, and documenting the project, while contractual closure involves completing and settling the terms of the contract, including resolving any open items.

There Are Four Fundamentally Different Ways to Close Out a Project