phase end review

A formal review held at the end of each project phase to gain consensus that the phase is complete.

The objectives of the review are:

• Verify that phase objectives have been met
• Verify phase exit criteria
• Evaluate phase performance in terms of:
  Has the schedule been met?
  Has the required scope been delivered?
  Do planned costs equal actual costs?
• Determine the effectiveness of software development processes used
• Identify process improvements

The required outcome from the review is to receive authorisation to continue to the next phase or close out the project if it is in its final phase.