How Your Team Closeout the Project - Assignment Example

The closeout of the project would work to meet the following business requirements;- It meets met scope, time, and cost (triple constraints)- It has fully satisfied the customer- The core objectives and aim of the project are properly the tools and techniques used for measuring the project performance are;1). Earned Value Management (EVM): it calculates the planned value (PV), actual cost (AC), and the earned value (EV) for each activity from a project’s WBS.2).

Project Status Report: this technique took advantage of the stakeholder requirements to achieve the scope and cost for the project.3). Project Progress Report: this technique was helpful in consolidating the project report and its progress based on the data received from team members.4). Gantt Charts: to closeout the project, Cantt Chart would help in reviewing the performance and schedule the project meetings.

We, as a team worked hard to make sure that the project met the expectations of the stakeholders. However, the participants and players of the project are not counted for their results because of our failure to approach them all (Cleveland, 2010).