What document serves as a final project summary and an official project sign-off request?

The project closeout report is integral to the conclusion of a project, as it serves as the formal summary of all project activities and outcomes. This document consolidates the lessons learned, final project performance against objectives, budget reconciliation, and any unresolved issues. Its primary purpose is to provide a comprehensive overview of the project’s achievements and challenges, which can be valuable for future reference in related projects.

Moreover, the project closeout report typically includes a formal request for sign-off from stakeholders, ensuring that all parties agree on the project's results and that the project can be officially considered complete. This sign-off confirms that the deliverables have been completed to the stakeholders' satisfaction, allowing the project team to wrap up and release resources.

While budget reconciliation and project closure meetings are also important components of a project’s end phase, they do not serve the dual purpose of being a final summary document and an official request for sign-off like the project closeout report does.