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Reply: Admin closure vs Contract closure

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Topic History of : Admin closure vs Contract closure

Max. showing the last 6 posts - (Last post first)
14 years 7 months ago #517

Cornelius Fichtner

Cornelius Fichtner's Avatar

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.)
14 years 7 months ago #516

KALU OGBUGO

KALU OGBUGO's Avatar

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

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