Closeout
The last phase in the project management cycle is closeout. During this phase, the team holds a stakeholder meeting where they discuss whether objectives were met with deliverables and finalize any claims submitted during the project.
Global Claim ( Final Claim )
What is a global claim under a construction contract?
A global claim covers any problems or delays that have taken place during the project, such as time extension, prolongation cost, disruption, etc. It is collected at the end of the project.
The scenario that typically arises is that by the end of the project, the contractor will submit their final claim to demand their rights and defend themselves against the employer’s claims, such as liquidated damages.
As Built Programme
What is an as-built program?
An as-built program is a record of the dates of the undertaking of the various project works. It evolves during the project as activities are started, progressed, and completed. The last update should complete the as-built program as a highly-detailed record of the sequence in which the work was constructed, the resources used, and the productivity achieved.
What is an as-built Schedule?
It is the final schedule for a project. An as-built schedule reflects the actual scope, completion dates, duration of the specified activities, and start dates.