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12.4 Close Procurements

 

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12.4 Close Procurements

The process of completing each project procurement.

 

Simple Version: Agreeing closure, tying up loose ends, getting closure signoff and documentation.

PMI

 

Agile

PMBOK, Agile Difference, Comment

Inputs

Project management plan

Procurement documentation

 

Tools and Techniques

Procurement audits

Negotiated settlements

Records management system

 

Outputs

Closed procurements

Organizational process assets updates

 

 

Inputs

Project management plan

Procurement documentation

 

Tools and Techniques

Procurement audits

Negotiated settlements

Records management system

 

Outputs

Closed procurements

Organizational process assets updates

 

The Close Procurements process involves verification that all the work and deliverables were acceptable. If framed as fit-for-business-purpose, to client or user satisfaction, this can be straight forward. If however, framed as conformance to specification, this can be challenging since for many projects it is difficult to keep the specification up to date with the true business requirement as uncovered by continual customer evaluation and reassessment.

 

 

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