Closed Procurements
Below are the description of all the uses of the working document “Closed Procurements”:
“Closed Procurements” is an output for the process “Close Procurements “.
The buyer, usually through its authorized procurement administrator, provides the seller with formal written notice that the contract has been completed. Requirements for formal procurement closure are usually defined in the terms and conditions of the contract and are included in the procurement management plan.
This definition was found in the PMBOK V5
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