According to the PMBOK, this activity has the following characteristics:
|Inputs||Tools and Templates||Outputs|
|project management plan, accepted deliverables, organizational process assets||expert judgment, meetings||final product, service, or result transition, organizational process assets updates|
This process is described in PMBOK section 4.6 (5th edition).
The organizational process assets that may be updated include
- project files
- project or phase closure documents
- historical information (like lessons learned)