Project Closure Report


Phase: Closing | Audience: Internal | Project: WEB-2026-01 Corporate Website Development


Understand it first

In simple words: The Project Closure Report is the final internal summary comparing what was planned (baselines) with what actually happened in scope, schedule, cost and quality, plus the closure checklist.

Think of it like: After a wedding, the family sits down with the final bills: planned ₹10 lakh, spent ₹10.4 lakh, what went well, and what is still pending.


When is it created?

At closure (23 Dec 2026)

Who prepares it?

Project Manager

Who approves or uses it?

Delivery Head

What happens next?

Project is archived and the team released


How it connects to other documents

  1. Compares against the Charter objectives and baselines.
  2. Uses forecasts from the EVM tracker.
  3. Includes the Lessons Learned.


The sample document

Below is the actual document for project WEB-2026-01. Read the purpose first, then go through each numbered section.

Issued by: [Your Company] Technologies Pvt. Ltd.

Purpose: Final comparison of scope, schedule, cost and quality against the baselines. Actual figures are completed at closure; week-4 forecasts are shown for reference.


Item


Detail


Document no.

WEB-2026-01/PCR

Version

1.0

Date

23 Dec 2026

Owner

Project Manager

Audience

Internal

Phase

Closing

Status

Planned


1. Summary

[To be written at closure: two or three sentences on what was delivered, whether it met its objectives, and the main reasons for any variance.]

2. Scope

Measure


Baseline


Actual


Pages

10

11 (CR-001)

Deliverables accepted

7

__

Change requests


3 raised; 1 approved, 1 deferred, 1 rejected


3. Schedule

Milestone


Baseline


Actual


Variance


Design sign-off

30 Oct

30 Oct

0 days

UAT sign-off

4 Dec

__

__

Go-live

9 Dec

__

__

Closure

23 Dec

__

__


4. Cost and margin (₹)

Measure


Baseline


Week 4 forecast


Actual


Direct cost

4,58,000

5,16,888

__

Cost baseline

5,03,800



Revenue (contract + CRs)

5,96,500

6,08,500

__

Gross margin

92,700 (15.5%)

91,612 (15.1%)

__


Note: Week 4 forecast cost = EAC ₹5,05,188 + CR-001 build cost ₹11,700 (16 hours). Margin stays close to plan because the design overrun is absorbed by contingency already priced in, and CR-001 revenue (₹12,000) roughly covers its own cost.

5. Quality

Target


Result


No critical/high defects at launch

__

Mobile PageSpeed score 80+

__

Client satisfaction 4/5 or higher

__


6. Closure activities

Activity


Status


Client acceptance signed

Pending

All invoices paid

Pending

Credentials handed over; our access removed

Pending

Team released

Pending

Documents archived in project folder

Pending

Lessons learned shared with PMO

Pending


7. Approval

Signed for


Signature


Date


Delivery Head

Name and signature: ____________

Date: ________

Project Manager

Name and signature: ____________

Date: ________



WEB-2026-01/PCR · v1.0 · Internal. Bracketed items such as [Client Name] are placeholders.


Key takeaways

  1. Closure is a formal step, not just 'the site is live'.
  2. Compare actuals with baselines honestly.
  3. Close access, release the team and archive documents.


Common mistakes to avoid

  1. Skipping closure because the team moved on.
  2. Not removing our access to client systems.
  3. No final comparison of cost and margin.





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