In some situations, the project board may be required to give authorisation to close the project prematurely. However, it is important to try and salvage anything that could be of value to reduce the amount of resources wasted on the project.
PRINCE2 recommends the following:
✔ Update the issue register to record the premature closure request.
✔ Update the project plan with actual data from the final stage
✔ Request a product status account from project support to determine which of the project's products have been approved , are currently in development, yet to be started, need to be made safe and which are useful for other projects.
✔ Agree the way that recovering products that have been completed or are in progress (if appropriate).
✔ Seek approval to give notice to corporate or programme management that resources will be released early.