Project Closure

Published date: March 12, 2024, Version: 1.2

Closure is the planned termination of an initiative, product or service.  Once closure occurs, teams and individuals will be re-allocated and work can no longer continue.  

Closure can refer to the termination of an initiative (work with a defined start and end date), product (continuous delivery of work), service, application or just one of its components such as the tool spaces used, team members deployed etc.  

The Product Owner (sometimes Work Owner) ensures that all the necessary steps are completed and that the stakeholders have been communicated with before starting closure.  

Why is Closure important?

There may be a number of reasons for completing closure such as:  

  • Product is no longer generating revenue to support the costs of maintaining it 

  • Organization no longer wants to be in a specific market segment/region 

  • Transition to a new /upgrade of current  

    • Application  
    • Database 
    • Platform
  • Re-assignment of workforce  

  • Decision to sunset outdated software 

  • Introduction of new standards or regulatory requirements 

Initiative Closure 

Cadence: Once during the initiative/product/service lifecycle.

Description: Formal approval from the business and technology teams that confirms acceptance of the initiative outcomes and that all related financial transactions have been completed. Formal approval on the business decision on sunsetting a product/service.

Note: The ending or phasing out of products or services is dependent upon a number of considerations 

Inputs 

Objectives 

Outputs 

  • Updated Risk Assessment 

  • Regular funding reviews 

  • All testable issue types (e.g.  stories) closed and have test coverage or moved to sustaining  

  • All critical defects closed/medium-low have workaround in production​ 

  • All artifacts related to initiative/ product/ service stored in a repository 

  • All tool spaces ready to be archived 

  • Archive all relevant artifacts and spaces related to an initiative/ product/ service that has come to an end  

  • Obtain formal signoff on the final outcomes of an initiative 

  • Formalize a business decision on sunsetting a product/ service 

  • Approval by stakeholders to close the initiative/ product/ service 

  • Storage of all relevant artifacts in a repository 

  • Archival of all tool spaces used for the initiative/ product/ service 

  • Completion and submission of Request Initiative/Project Archival form in Service Now 

Roles and Responsibilities 

Product Owner: Confirms all objectives of the initiative, product or service are met and initiative artifacts are archived.

IT AVP And Business VP: Approves the request for closure.

Tool Owners: Removes access, archives tools/tool spaces.

EPMO: Updates the status of the initiative, product or service and checks finances.

 

Closure

Completing a closure request? 

 

  1. Product Owner (or designate) must submit a Request Initiative/Project Archival form in Service Now. 

  2. Product Owner confirms all objectives of the initiative are met and initiative artifacts are archived in the artifact repository (see the table below for types of closure) 

  3. Product owner (or designate) confirms which tool spaces need to be archived and submits the form.  

  4. Form is automatically sent to various stakeholders for approval and tools archival

  5. Enterprise tools supported on this form: PLANVIEW, JIRA, CONFLUENCE, qTEST and BLAZEMETER

closure