Project close-out checklists are used by many organizations to assign responsibility to each item concerning project closeout

The practice of project close-out gives a systematized phase of handling on closing a project. Examples are Administrative Closure and Contract Closure. The purpose is to assess the whole outcome of the phases done with documentation whether goals were achieved or not. At the end, lessons are extracted to continue. Best practices are further improved and given value. Furthermore, this would serve as the basis for other more related and associated projects.