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9 - PROJECT OR PHASE CLOSURE<br />
9.1.1 Documented Transition Plan<br />
The transition plan provides the transition team with the project files, closure documents, and historical<br />
information for the project as a part of the transition for project or phase closure.<br />
9.1.2 Final Customer Acceptance<br />
Customer acceptance, internal or external, allows the project to transition into closure activities and allows the<br />
organization to transition to long-term performance benefits realization monitoring.<br />
9.1.3 Defined Metrics to Measure Benefits Realization<br />
Metrics measuring the benefits realized by the product, service, or result provide valuable feedback to the<br />
stakeholders. This feedback loop may enable improvements to the solution and increase the maturity of the<br />
organization, thereby leading to increases in project success.<br />
9.2 Project or Phase Closure Activities<br />
Closure comprises four primary activities, as described in Sections 9.2.1 through 9.2.4.<br />
9.2.1 Document<br />
Most organizations find it important to document whether they are satisfied with the product, service, or result<br />
at the end of a program, project, or iteration. The documentation may be updated once long-term performance<br />
benefits have been realized, but this is the responsibility of business analysis and considered to be a post-project<br />
activity as discussed in Section 6 of Business Analysis for Practitioners: A Practice Guide.<br />
9.2.2 Reuse<br />
Reuse involves leveraging existing knowledge across projects and programs with similar needs. Requirements<br />
reuse should be planned for during business analysis planning and performed throughout the various phases of the<br />
project. When reuse is planned and executed effectively during the project or program, it takes advantage of work done<br />
previously, which may result in improved productivity, lower costs, increased service delivery, and reduced rework.<br />
9.2.3 Lessons Learned and Providing for Knowledge Transfer<br />
Collecting and documenting lessons learned is a critical means of transferring knowledge to other programs,<br />
projects, or iterations. Lessons learned are generally planned during planning domains and collected at the end of<br />
54 ©2016 Project Management Institute. Requirements Management: A Practice Guide