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Project Boards and Project Steering Groups: An Introduction

Rebel’s Guide to PM

And will make the decision to close the project down early if it can no longer meet its objectives. That’s the minimum (and the approach advocated by PRINCE2). It’s fine to have a different cadence at different points in the project lifecycle. In other words, this is the group that takes the tough decisions. Key decisions.

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The Complete Glossary of 614 Project Management Terms

Workamajig

Administrative Closure: A list of the requirements necessary to formally close the project. Authorization Points: Specific points during the course of a project at which the sponsor reviews the business case and approves the project onwards. Final Account: The account that's responsible for finally closing a contract.