CHAPTER 22Annual Closeout

Congratulations! You have reached the last chapter of this book. What better subject to cover than closeout? Project closeout, marking the end of the project, is a major milestone for project managers. As stated previously, maintenance will actually end only when the system no longer is needed, usually because the system is replaced by a newer system.

Nevertheless, we can conduct a closeout for a given period. Maintenance typically is tied to a company’s annual budgeting cycle. Maintenance most likely can “end” at the end of the fiscal year and “begin” again at the start of the next year. You can use this artificial ending as a time to close out and evaluate your team’s performance and plan for the next year.

Your department ...

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