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Project closure is the most often neglected process of all the project management processes. The two processes in the Closing process group are Close Project or Phase and Close Procurements. The four most important tasks of closure are as follows:
Close Project or Phase involves checking that the work of the project was completed correctly and to the satisfaction of the stakeholders. Documenting the formal acceptance of the project product is an important aspect of project closure as well. This assures that the stakeholder or customer is satisfied with the work and that it meets their needs.