Project Closure and Documentation for First National Bank

Running head: CAPS 6 1
Caps 6: Project Management
Name:
Institution:

CAPS 6 2
Status Report 04-06-2019
Project Name First National Bank
Report Prepared By SHAIK AZEEM
Academic Supervisor LUKE WEBSTER
Industry Supervisor (If Any) N/A
Attachments N/A
MILESTONE OVERVIEW:
ID Milestones (minimum three) Status
Baseline
Completi
on Date
Expected
Completi
on Date
Change
? (Yes,
No,
New)
E1
Completion of initiation
phase
Completed 26-03-19 26-03-19 No
E2
Completion of planning
phase Completed 15-04-19 15-04-19 No
E3
Completion of execution
phase Completed 22-05-19 22-05-19 No
Completion of closure
phase Completed 03-06-19 03-06-19 No
PROJECT STATUS SUMMARY:
Narrative Summary of Status Schedule: GREEN Budget: YELLOW Issues: RED
The project closure phase was undertaken. A post project review was undertaken, together with a sign off of
the stakeholders. Additionally, documentation of the project and its processes was duly undertaken. The
project was able to run according to the set milestones, resources, schedule and scope. The project was
therefore successfully brought to a close.
PROJECT MILESTONE STATUS REVIEW:
Project
Plan ID Project Milestones Status
Baseline
Completio
n Date
Expected
Completio
n Date
Issues
Exist
(Yes/No)
E1 Completion of initiation phase Completed 26-03-19 26-03-19 No
E2 Completion of planning phase Completed 15-04-19 15-04-19 No

CAPS 6 3
E3 Completion of execution phase Completed 22-05-19 22-05-19 No
E4 Completion of closure phase Completed 03-06-29 03-06-29 No
PLANNED ACCOMPLISHMENTS SUMMARY:
Planned accomplishments for the coming two weeks: Since the project is coming to a close, there are no planned activities going forward.
PROJECT ISSUES SUMMARY:
ID Priorit
y Issue Description
Impact Summary
(Milestone, Schedule
Scope, Resources,
Space...)
Action Steps
1 2 Post project review may not
have captured some initial
issues or handicaps that the
project faced.
This may impact on
overall project outlook
as it may make the
project appear as it run
without hitches and yet
these hitches, issues or
handicaps are essential
to capturing lessons
learnt for use by the
First National Bank
going forward.
All issues that had been initially
been left out were duly
captured by the reviewing team.
2 1 Since different parts of the
project were executed by
different people, it was difficult
to assemble all the
documentation from the
different leaders of the different
teams involved in the project
(Nicholas & Steyn, 2017).
Additionally, there was no set
format for documenting the
This may impact overall
on the project as
inadequate
documentation may not
portray a correct picture
of how the project was
implemented, or the
processes of the project
(Le Roy & Fernandez,
Members were urged try their
best and document their
sections of the project that they
implemented. A documenting
format was quickly made and
shared for their use.