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Closing

This is the last stage of a project lifecycle that, as you remember, will contribute to about 7% of the actual exam content. It gives cutting-edge knowledge of the following skills:

• Obtaining the concluding acceptance of the project deliverables from the sponsors and stakeholders to prove that the project scope was achieved;
• Preparing and sharing the final project report;
• Transferring the ownership of the deliverables to the right stakeholders as detailed by the project plan;
• Getting feedback from the relevant stakeholders using the right tools and techniques.
• Collating lessons documented throughout a project lifecycle and performing a thorough review to update a company's knowledge base;
• Archiving project documents and materials using conventional practices;

Reference: https://www.pmi.org/certifications/project-management-pmp

Career Opportunities & Pay for PMP Certified Individuals

The PMP certification opens numerous doors in project management. Certified professionals can get a job as a senior project manager, technical project manager, director of operations, and others. When it comes to compensation, PMI states that PMP accredited individuals have 25% higher salaries in the US compared to non-certified specialists. The average pay for PMP professionals is about $107k annually, according to PayScale.com.

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