What are Project Closure Reviews?
Project closure reviews (also known as Post-Implementation Reviews) are a crucial step in managing successful projects. They help you evaluate how well a project was executed and how well it met the needs of stakeholders, and capture these lessons learned for future reference. They allow you to gather valuable feedback from all parties involved, including business owners, end-users, and technical teams.
Why are Project Closure Reviews so important?
Project Closure Reviews (PCRs) are particularly important because they give you the opportunity to learn from your mistakes, evaluate your successes and failures, and make improvements for future projects.
PCRs are crucial because they ensure:
- Project closure, by confirming that all project deliverables have been completed
- Formal acceptance from stakeholders is gained
- Lessons learned are captured for future learning and improvement
- Efficient reallocation of resources to other projects or back to Business As Usual (BAU)
What are the benefits of completing a PCR?
One of the main benefits of doing a PCR is that it helps identify areas for improvement. By analysing the successes and failures of a project, you can identify specific areas where you can improve. This can help you avoid similar mistakes in the future and ensure that your team is following the most effective approach. You can improve communication and collaboration for future project teams and improve the chances of project success. By regularly conducting PCRs, you can ensure that your team is constantly learning and improving, which will ultimately lead to greater project success.
Want can 2PM bring when it comes to PCRs?
Using an external advisor to conduct a PCR (such as a 2PM Consultant) can offer several advantages. An external advisor can provide an impartial perspective, specialised expertise, and valuable insights. They can also dedicate the necessary time and resources to ensure the review process is thorough and delivers actionable recommendations. Additionally, having an external advisor conduct the review can increase its credibility.
The PCR process begins after the project has been completed. The project team meets to discuss the project to identify areas that can be improved. The team will examine the project goals, deliverables, milestones, and budgets to determine if they were met, exceeded, or not achieved. Additionally, the team will review any metrics used to measure success, as well as any feedback received from stakeholders.
Want to know more?
Take a look at this blog article to find out more: Maximising your project success: the power of Post-Implementation Reviews
We’d love to hear from you!
Start the conversation with us today about how we can help you with project closure reviews. Reach out to us now to have a chat!