The closing phase of a project is the one most often ignored. During this phase, you go through a formal acceptance process where the project sponsor and customers agree to and sign off on the project and its deliverables. Recall that a project has a definite beginning and a definite end. The project's closing phase marks the official end of the project.
In some projects, when it's over, the project members go back to where they were before the project ensued. In the IT world, this may not be as true as it is in non-IT, but you could certainly expect that some project members were utilized for their unique capabilities and will now go back to their original group.
Note Another project management methodology—one that I think you'll use quite often in small to mid-sized IT projects—is PACE, for planning, activating, controlling, and ending. While the previously discussed five-phase method is fine for very large and complicated projects, the PACE methodology more closely fits in with most of today's IT projects, and I'll refer to both throughout the book.
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What you need to know about… Project Management Made Easy! Project management consists of more than just a large building project and can encompass small projects as well. No matter what the size of your project, you need to have some sort of project management. How you manage your project has everything to do with its outcome.