Which phase of the project management lifecycle is focused on closing out the project?

The phase of the project management lifecycle that is focused on closing out the project is the Closing phase. This phase is critical as it involves finalizing all project activities, ensuring that project objectives have been met, and completing any remaining deliverables.

During the Closing phase, project managers typically perform several key tasks. These include confirming that all project work has been completed to the satisfaction of stakeholders, obtaining formal acceptance of the project outcomes, and closing out any contracts and obligations. Additionally, it involves conducting post-project evaluations, which help document lessons learned and best practices for future projects.

Overall, the Closing phase is essential for ensuring that the project is officially completed and that all stakeholders are satisfied with the results. This phase also lays the groundwork for any future projects by providing valuable insights that can inform subsequent initiatives.