Monday, September 12, 2011

What is Contract Closure?

Contract Closure as defined in PMP means:

  • Is the process of ensuring that contract obligations have been met on both sides and resolving any outstanding issues.
  • Involves verifying that work was done and delivered as specified, updating contract records accordingly and arrange for final settlement of contract obligations.

5 comments:

eyeDeaList said...

Contract Closure is pretty much self explanatory. But thanks anyway. Coming from ICT student though.

eyeDeaList said...

Contact Closure ICT

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Adam Gill said...

Very nice information... i have read this blog and liked it too much..



ITIL Training

PMGuy said...

PMBOK Guide 5th Edition is released now. Even though new edition of the book is out, PMI is still following the PMBOK Guide 4th edition for the PMP exam until July 31, 2013. All PMP training and study guide providers are in the process of updating their materials for upcoming change. New versions of the PMP 35 Contact Hour Trainings will be available sometime in June. But if you are preparing for the PMP exam now, it is highly recommended that you take it before July 31st using PMBOK Guide 4th Edition. This will give you access to a lot of PMP Exam lessons learned and other study aids.

Recommended Books on PMP

Suggested Study Materials

  • PMP-Preparation Recommended Books
  • PMP Exam Prep, Fifth Edition: Rita's Course in a Book for Passing the PMP Exam
  • A Guide to the Project Management Body of Knowledge, Third Edition (PMBOK Guides)
  • The PMP Exam: How to Pass On Your First Try (Test Prep series)