Understand the project stages that you'll talk about in your project closeout documentation. These include planning, organizing, executing, directing, controlling, budgeting, and lessons learned.
Recognize why you need formal project closeout documentation. Be able to explain why a formal document is helpful: for organizational communication, and for future project management.
Know why you should talk about the positive aspects of the project as well as the negative. You should be able to touch on any of the high points of a project, but also be able to elucidate the lows as well without naming names.
Understand what lessons learned is all about and why it's important to mention them. Project managers frequently choose to overlook lessons learned, simply because they feel as though mentioning them somehow detracts from their capability as a PM. Lessons learned are important, because PMs involved in projects in the future that closely match what you did can learn about the pitfalls you ran into.
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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.