Common use of Project closure Clause in Contracts

Project closure. All projects will be required to produce a project closure report at the end of the project, which demonstrates that:  all activities have been delivered in accordance with the offer letter;  all funding has been spent appropriately in line with the projected financial profile for the project;  there are no outstanding risks or action that need to be taken to sign the project off (by the account/contract manager); and  all relevant outputs and key milestones have been achieved. Following the delivery of the project closure report, all applicants that have received SIF funding will be required to complete a benefits realisation report (within 3 months of completion) to measure the impact of the investment and identify lessons learnt for future projects.

Project closure. All projects will be required to produce a project closure report at the end of the project, which demonstrates that:  • all activities have been delivered in accordance with the offer letter;  • all funding has been spent appropriately in line with the projected financial profile for the project;  • there are no outstanding risks or action that need to be taken to sign the project off (by the account/contract manager); and  • all relevant outputs and key milestones have been achieved. Following the delivery of the project closure report, all applicants that have received SIF funding will be required to complete a benefits realisation report (within 3 months of completion) to measure the impact of the investment and identify lessons learnt for future projects.