Closing a project helps prevent:
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repeating mistakes in fresh endeavors and objectives
failure to identify the group or people who will be in charge of owning and maintaining the solution after delivery, which could result in liability issues due to missed payments, deadlines, or deliveries delivering finished products or outputs without particular assistance or resourcesposes liability issues as a result of failure to meet payments, timelines, or deliveries
You can efficiently pass off your solution to the customer or ultimate user if you have a clearly defined project closing plan. This process provides the information, resources, and training required for the end stakeholders to effectively manage and use the product.