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Conduct two project financial closure activities while being observed by your assessor. Project financial closure activities you will conduct will depend on the requirements of
Conduct two project financial closure activities while being observed by your assessor. Project financial closure activities you will conduct will depend on the requirements of the project as well as the scope of your role and responsibility as the project manager of the project. These activities may include but are not limited to sending an official communication to all vendors, contractors, and suppliers the deadline for the completion of all financial transactions and closing of financial accounts, verifying acceptance criteria in the project statement of work has been met before processing payments to vendors and contractors, closing financial accounts according to the organisation's policies and procedures. Secure documentation from these two activities as you will be submitting them as part of this assessment. The documentation you submit may include email correspondence with vendors, suppliers, contractors, checklists completed to verify acceptance criteria have been met, etc. You will be assessed on: Practical knowledge of project financial closure activities. Practical skills relevant to conducting project financial closure activities
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