Difference between Contract Closure & Administrative Closure for PMP Exam

[Himshuo]

While conducting PMP Exam Preparation workshops, I have noticed that many participants are confused about the Contract Closure (Close Procurements) and Administrative Closure (Close Project or Phase) processes.

Which comes first? What are the differences in these 2 processes?

The confusion stems from them working in different organization – some come from a buyer organization, whereas others have experience from the sellers organization – specially where they work on projects awarded as contracts to their organizations.

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