Explain the importance of taking time to review lessons learned at every project’s end. Select two project closure agenda items below and explain how the lessons learned from each item can be applied to future projects. Challenges: This agenda item will cover the project’s major challenges and whether or not they were properly managed. Budget: This agenda item will cover whether or not the budget was managed effectively. The discussion will cover the tools, processes, and procedures used for budget management. Scope: This agenda item will cover project scope management and the change control process during the project. Risks: This agenda item will cover whether risks were tracked and managed, and whether ways to manage risks were effectively identified. Communication: This agenda item will cover the project communication’s effectiveness through reports, team meetings, ad hoc meetings, etc.

Practical Management Science
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  • Explain the importance of taking time to review lessons learned at every project’s end.
  • Select two project closure agenda items below and explain how the lessons learned from each item can be applied to future projects.
    • Challenges: This agenda item will cover the project’s major challenges and whether or not they were properly managed.
    • Budget: This agenda item will cover whether or not the budget was managed effectively. The discussion will cover the tools, processes, and procedures used for budget management.
    • Scope: This agenda item will cover project scope management and the change control process during the project.
    • Risks: This agenda item will cover whether risks were tracked and managed, and whether ways to manage risks were effectively identified.
    • Communication: This agenda item will cover the project communication’s effectiveness through reports, team meetings, ad hoc meetings, etc.
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