A project manager will close a project for many reasons. Those include completing a project on time and finishing it early. Projects can also get canceled, continue perpetually, or fail completely. Effective project closure helps define a teams and an organizations culture. Approaching project closure as fundamental to building success leads to better-quality work and makes clients happy. cess (or failure), which is crucial for planning and executing successful projects in the future.

What are the different ways of closing the project in project management? Provide a 300-word response explaining your position on this topic.