Project and ContractProject Close Out, Handover and Benefits Realisation
Close out is the phase teams are least available for and organisations most often skip, which is why final accounts drag, documentation is incomplete and nobody establishes whether the project delivered what it promised. This course covers finishing properly. Delegates work through completion, punch listing and the difference between practical and final completion, the final account and contract close out, and handover of documentation, spares and training to operations. Warranty and defects liability are covered. Benefits realisation follows: measuring against the business case rather than against the budget. The course closes on lessons learned that actually change the next project.
Course objectives
- Manage completion, punch listing and the completion definitions
- Settle a final account and close out contracts
- Hand over documentation, spares and training to operations
- Administer warranty and defects liability periods
- Measure benefits against the business case
- Release and redeploy the project team properly
- Capture lessons in a form that changes the next project
Who should attend
- Project and construction managers
- Contract administrators and quantity surveyors
- Operations and maintenance staff receiving handover
- PMO and governance staff
- Finance staff closing capital projects
Course outline
- 01Why close out is skipped
- 02Completion, punch lists and definitions
- 03Final account and contract close out
- 04Documentation and as built handover
- 05Spares, training and operational readiness
- 06Warranty and defects liability
- 07Benefits realisation against the business case
- 08Lessons that change behaviour
Scheduled sessions
| Dates | Venue | Format | Price | Register |
|---|---|---|---|---|
| 7 to 9 December 2026 | Online | Online | R6,500 per delegate | Register Now |
| 8 to 10 February 2027 | Maputo, Mozambique | Classroom | USD 995 per delegate | Register Now |
| 29 to 31 March 2027 | Kampala, Uganda | Classroom | USD 995 per delegate | Register Now |