Study Guide To Pmp 7ed Lesson 6 Close The Project

DOMAIN II PROCESS50% LEARNING OBJECTIVES Define the reasons and activities related to the closure of a phase or a project. Explain the benefits gained from a project or phase, and how they are managed, sustained, etc. Examine the reasons for knowledge transfers and how they relate to the closure of a phase or project. ---------------------------------------------------------------------------------------------------------------- (1.0) Stakeholders accept deliverables based on acceptance criteria established at beginning of project in the project management plan. Acceptance criteria may be modified during a project life cycle Use the requirements traceability matrix to ensure completion and approval of all requirements At the end of an iteration, the team and stakeholders assess the product/service against their mutually agreed definition of done (DoD) Final acceptance occurs prior to product release. Acceptance criteria and definition of done (DoD) express same status of stakeholder satisfaction with the product. Teams may use terms interchangeably Requirements/needs change or Project/deliverable is no longer desirable Project/deliverable is no longer feasible (INTERNAL) Organization makes change to the business case (EXTERNAL) legal or regulatory change prohibits progress. Impediment encountered: FINANCIAL SUPPORT not available to complete requirements RISKS WITH SIGNIFICANT make successful completion impossible. (1.1) Acceptance of deliverables or product by customer Transition of deliverables