The Closing Process Group consists of the processes performed to formally complete or close a project, phase,
or contract.
5.1 OVERVIEW
Close Project or Phase is the process of finalizing all activities for the project, phase, or contract (see Section 4.7 of
the PMBOK
®
Guide). When a project or phase using earned value management (EVM) is closed, EVM is used to finalize
information related to the performance measurement baseline (PMB) and assess how work was performed against
the overall plan. The project management plan should be reviewed to ensure that the planned work is completed, the
project has met its objectives, and project information ...
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