Closing a Project Process

B.

The Closing a Project process is one of the processes in the PRINCE2 methodology for project management. This process is executed once the project has been completed or terminated prematurely. The purpose of the Closing a Project process is to ensure that all aspects of the project are completed in an orderly and controlled way, and to capture and transfer any project-related knowledge and experience to the organization.

Now, let's examine the given statements about the Closing a Project process and determine which are true:

1. The Closing a Project process provides a fixed point for the receipt of completed Work Packages for the work performed in the final stage.

This statement is true. The Closing a Project process provides a fixed point for the receipt of completed Work Packages, which contain the products and deliverables of the project. This allows for a controlled handover of the completed work and ensures that all work has been completed to the required quality standard. The Work Packages are reviewed during the process to ensure that all work has been completed satisfactorily, and any outstanding issues or defects are resolved.

2. The Closing a Project process provides a fixed point to review if the objectives set out in the original Project Initiation Documentation have been achieved.

This statement is also true. The Closing a Project process provides a fixed point for the review of the project objectives that were set out in the Project Initiation Documentation (PID). During the process, the project manager reviews the original PID to ensure that all the objectives have been achieved, and that all products have been delivered to the satisfaction of the stakeholders. Any outstanding issues or deviations from the original PID are documented and resolved during this process.

Therefore, the correct answer is option C, "Both 1 and 2 are true." Both statements are true and reflect the purpose of the Closing a Project process in PRINCE2 methodology.