Project and program closeout

Project closeout is the final step in the project lifecycle. During the closeout process, the project manager ensures that all aspects of the project are complete. If all projects in a program are closed, the program manager closes the program.

The Progress page contains all information that is necessary for project closeout, including reminders, reports, and checklists.

To assist with project closeout, punchlists records ensure that tasks are completed before the project is finished.

Closeout checklists can also be used to remind the project manager of items that need to be completed before the project closes.

Starting in Maximo® Real Estate and Facilities 9.2, you must close all tasks on the Schedule tab before completing a capital project.

Important: This feature is available only in the feature channel. In Maximo Real Estate and Facilities, customer-managed users can use the feature channel to update their nonproduction instances to preview new features. As a SaaS user, you can use this feature in your Maximo Application Suite as a Service environment. For more information, see What's new in the feature channel for Maximo Real Estate and Facilities.

If projects are all part of a program, program closeout ensures that all projects are completed and closed. If all projects are closed, and leftover funds are available for the project, you might need to transfer funds to another program.

To transfer funding, go to the program funding section of a program record.