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Project Closeout

Imagine that you have completed the same project discussed in Assignment 4. You exceeded the project budget, but you were able to complete the project within 15% of its scheduled completion date. Now, the management has requested a project review of your project.

Write a six to eight (6-8) page paper in which you:

Analyze the closeout process for your project. Next, determine the main challenges that you would encounter during the project closeout process, and provide your strategy to address the challenges in question.
Select one (1) tool, other than MS Project, that you could use in order to manage project costs and scheduling. Next, speculate on the overall different project management strategy that you would apply based on the tool that you have selected. Provide a rationale to support your response.
Analyze whether or not continuous process improvements would have helped the delivery of your project. Provide a rationale to support your response.
Speculate on whether or not using risk management techniques would have affected the delivery of your project. Provide at least two (2) examples of using risk management techniques that would have helped the delivery of your project to support your response.
Your assignment must follow these formatting requirements:

Be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides; citations and references must follow APA or school-specific format. Check with your professor for any additional instructions.
Include a cover page containing the title of the assignment, the students name, the professors name, the course title, and the date. The cover page and the reference page are not included in the required assignment page length.

Assignment #5 Checklist
Section I Project Recap
In this section, you will write a 1- to 2-page response in which you will summarize your
project. Your summary will include information about your project description; goals;
timeline; and resources. NOTE: You will be able to use information from Assignment
#1 per this.
Section II Project Closeout Plan
In this section, you will write a 2-page response in which you will describe how you
plan to close and wrap down your project. Remember, once you have completed all of
your activities in your project schedule does not mean you are done for there are
things you need to do, such as
– Getting the customer to accept your final project
– Paying any outstanding bills
– Releasing your project resources since you are done
– Conducting lessons learn sessions
Section III Challenges to Completing the Project Closeout
In this section, you will write a 1-page response in which you will identify and describe
at least three challenges you will face when closing your project, as noted above.
Section IV Project Tools
In this section, In this section, you will write a 1-page response in which you will
provide identify at least ONE tool that a PM will need to use (besides MS Project &
Excel) that will allow them to properly manage projects. The tool does necessary has
to be a software tool for it can be a soft tool or skill. Be sure to explain why this tool
is important. Next, speculate on the overall different project management strategy that
you would apply based on the tool that you have selected. Provide a rationale to
support your response.
Section V Continuous Improvement
In this section, you will write a 1-page response in which you will first define the phrase
of continuous improvements (CI) and then describe how CI could or could not improve
your project. Be sure to provide strong rationale behind your stance.
Section VI Risk Management
In this section, you will write a 1- to 2-page response in which you will provide first
define risk management and next how the risk management process is crucial for
you in order to management your projects challenges. Be sure to include the project
challenges that you noted in previous assignments when discussing risk management.
Provide at least two (2) examples of using risk management techniques that would
have helped the delivery of your project to support your response.
NOTES:
– You do not need to submit your MS Project schedule with the paper, however,
you need to relate each section to your project. So, you need to speak in terms of
your project.
– This paper does not require the use of external references, but it is strongly
suggested that you include external references. For example, you can use
information from your two textbooks as support.
– In completing this assignment, you need to follow the checklist. The checklist
matches the grading rubric for our class.
– At a minimum, this will be a 6-page paper, excluding cover page and references.
Most students will easily exceed 6-pages. Also, a 6-page submission does not
mean you will earn the maximum points per this assignment

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