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TOPIC: Admin closure vs Contract closure

Admin closure vs Contract closure 7 years 7 months ago #516

  • KALU OGBUGO
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What exactly are the differences between Administrative Closure vs Contract Closure? If encuntered in the exam what salient meanings can help me differentiate them?

Re:Admin closure vs Contract closure 7 years 7 months ago #517

  • Cornelius Fichtner
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Kalu,

Contract closure: Closing a single contract on your project. (You may have 20 contracts going on, but you are only closing one).

Administrative Closure: Part of the Close Project or Phase process, in which you close your complete project when you are completely finished with everything, or when you close a phase (at the end of the phase.)
Until Next Time,
Cornelius Fichtner, PMP, CSM
President, OSP International LLC
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