Project Management: KBL Acquisition Project Closing Executive Summary

This project closing executive summary analyzes the acquisition of a competitor by Kingston Bryce Limited (KBL). It emphasizes the importance of project documentation, detailing the project's completion within an 18-month timeframe and a budget of approximately $5 million. The project manager and planner kept the team informed about budget and time constraints to ensure alignment with project objectives. Regular project reviews were conducted to assess progress and ensure timely completion. The project manager secured sign-off, confirming project completion and initiating resource release. The provided communication plan includes details of the facts that are communicated between the project team for successfully progressing in the project. The report also includes an overview of the communication table and the project details.

Running head: PROJECT MANAGEMENT
Project management
Name of the Student
Name of the University
Author’s Note

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PROJECT MANAGEMENT
Project closing executive summary
After the project planner analyzes that the acquisition of competitors is done by the
Kingston Bryce Limited then it is necessary to create proper documentation for the project. The
project documentation must include all the important details about the project so that the
document can be utilized for any similar type of project in the future. In addition to this, the
paper analyzes that the entire project gets completed within the time span of 18 months by
utilizing budget of around $5 million. While progressing the project, the project manager as well
as the planner successfully informs the team members about the budget and time which is
assigned within the project so that the project team work as per the scope of the project for
successfully achieving the project objectives and for completed the project as per the initial
planning. Furthermore, the project manager reviews the entire project for analyzing its goals and
for ensuring that the entire work of the project gets completed on proper time. Additionally, the
project manager takes proper initiative for getting sign off from the project which showcase that
the entire work of the project is completed and therefore it is necessary to create proper
document for the project which will include all the details associated with the project. After the
development of project documentation, the project manager releases the resources who are
mainly involved within the project which means that the assigned resources are released and
therefore they can be assigned in some other project.

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PROJECT MANAGEMENT
Bibliography
Meredith, J. R., Mantel Jr, S. J., & Shafer, S. M. (2017). Project management: a
managerial approach. John Wiley & Sons.
Serra, C. E. M., & Kunc, M. (2015). Benefits realisation management and its influence on
project success and on the execution of business strategies. International Journal of Project
Management, 33(1), 53-66.