In the closing stage of the project life cycle is the product of the project delivered to the customer and resources are released from the project.
The processes needed for project managers to properly oversee a project from beginning to end are outlined in the project life cycle. The project life cycle, often known as the five process groups, consists of five stages: initiating, planning, executing, monitoring/controlling, and closing.
The Project Manager and his team attempt to accomplish the goals that the project itself sets via the four major phases of the project life cycle. The project's lifespan is divided into four phases: conception/start, planning, execution/implementation, and closure.
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