Report on the close-out process on projects for a well-established, fictitious, small-sized software development company who has recently established a Project Management Office.

1.    Overview of Project Close-out process (what is it)

2.    Advantages from a business and project management perspective – why should this software development company implement Project Close-out process on all of their projects?

3.    Concerns/Issues from a business and project management perspective – what problems might occur if this software development company implements Project Close-out process on all of their projects?

4.    Your recommendation for the software development company – should they implement Project Close-out process? Why or why not?