Author : Sarah R. Place.
Published : Thu: Mar 28 2019 :8 PM.
Format : jpg/jpeg.
It involves the process of planning, organizing and managing resources to bring about successful completion of specific goals and objectives. A project is a temporary endeavour undertaken to meet goals and objectives to bring about a beneficial change or additional value.
Successful implementation requires a complete understanding of the project, the process being adapted for its execution and its status by way of returns. Different PM templates work differently. The Project manager must understand how he can make the best use of the template and determine what are the specific inputs required for the accurate monitoring and assessment.
Remember, project management templates are there to improve the productivity and speed of a certain process, and therefore need to be simple to use. Documentation with the help of them should not consume a lot of amount of time since that will just destroy the purpose.
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Project Closure involves releasing the final copy or deliveries to the customer, handing over project documentation to the business, terminating supplier contracts and releasing project resources and communicating closure to all shareholders. Project management templates help you take up projects, undertaking a credibility study, completing a charter, recruiting the project team and setting up an undertaking office.
The closure of the project includes handing over of deliverables to the clients and passing on the project documents to them. This part of the project also requires the termination of contracts with the suppliers, discharging the project assets and announcing the closure of the project to shareholders of the company. Project management templates help you keep track of all the points that need to be followed under each phase.