A closure phase gate is used to formally close out the project. Unlike preceding gates which would be the go/no-go for further funding of the project, this gate basically confirms that there is agreement from all key stakeholders that the project should end.
Good question and good answer by Kiron.
Community's question always improve my knowledge.
Thanks for all participants Saving Changes...
Tamer Zeyad SadiqAssistant Cost Manager| Turner & TownsendRiyadh, Ar Riyad, Saudi Arabia
Agree with Kiron!! The close project should be in formal with final settlement from Procurement department and other documents to close the project!!!
Tamer Saving Changes...
Sergio Luis ConteHelping to create solutions for everyone| Worldwide based OrganizationsBuenos Aires, Argentina
In our stage gate process we have it. Remember that stage gate is a process that you can define as you like. We have a project close gate where we formaly close the project. That is required to support the project manager mainly. Depending on your solution life cycle you can define what we name "hypercare" which is mainly to support the business analyst and is intended to review if the product/service/result is delivering the expected benefit in the short term (not more than 3 month in our case). That is the gate we have after project closure gate. Saving Changes...