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During which project closure step is a formal project review, or critique, conducted?
Document archiving
Risk analysis
Final report
Postmortem analysis
The correct answer is: Postmortem analysis
A postmortem analysis is a critical step in the project closure process, designed to conduct a formal review or critique of the project. This analysis offers an opportunity for the team to reflect on what was successful and what could be improved in future projects. It involves gathering feedback from team members and stakeholders, analyzing performance against project goals, and identifying lessons learned. The focus is on collaborative evaluation to ensure insights can be applied to enhance processes and project outcomes in the future. In contrast, document archiving focuses on storing project documents and records for future reference rather than analyzing project performance. Risk analysis typically involves assessing potential risks before or during the project, not after its completion. The final report summarizes the project's outcomes and deliverables but does not serve as a formal critique or review like the postmortem analysis does.