Closing out a construction project is one of the most complex elements in
project management, and the one that most often generates lawsuits. While the
primary goal of any project is a functional facility that meets the needs of its
occupants, a successful closeout of the construction process can help to ensure
that the facility can be operated and maintained effectively through its
lifecycle. Moreover, a carefully planned and conducted closeout process can save
years of headaches, and even litigation, for all parties involved in the
construction process. The closeout phase of a project is meant to ensure
that all contractual obligations have been met by all parties and may include
thousands of line items that need to be completed, checked off and documented.
But more than that, careful project closeout is a means of ensuring that all
information and knowledge collected during the course of the project is retained
so that it can be called upon for future work, including maintenance, repairs
and renovations.
To learn more about this important topic, which constitutes one of the biggest challenges for facilities and construction organizations, order the whitepaper.
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