--- title: "The Project Lifecycle: Stage 4 – Review" description: All contracts have been completed, and each contract was reviewed and closed out.    This brings the entire project to a close, and now is the time to review and close out. This stage has three steps, --- [Skip to content](https://support.surepact.com/the-project-lifecycle-stage-4-review-1#main-content) English Show submenu for translations [Submit a ticket 🎫](https://support.surepact.com/kb-tickets/new?hsLang=en) [Customer portal](https://portal.surepact.com/tickets-view?hsLang=en) ![0224\_Surepact\_Logo-Primary-1.png\]](https://support.surepact.com/hs-fs/hubfs/0224_Surepact_Logo-Primary-1.png?height=43&name=0224_Surepact_Logo-Primary-1.png) Open main navigation Close main navigation - English Show submenu for translations - [Submit a ticket 🎫](https://support.surepact.com/kb-tickets/new) - [Customer portal](https://portal.surepact.com/tickets-view) - Visit our website! Visit our website! Hello. 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[Project Management](https://support.surepact.com/projects-contracts?hsLang=en#project-management) # The Project Lifecycle: Stage 4 – Review All contracts have been completed, and each contract was reviewed and closed out.    This brings the entire project to a close, and now is the time to review and close out. ![](https://support.surepact.com/hubfs/Knowledge%20Base%20Import/surepact.zendesk.comhcarticle_attachments8876043414927-3.png) This stage has three steps, listed as tabs across the top: - [Step 1 – Risk Review](https://support.surepact.com/the-project-lifecycle-stage-4-review-1#RiskReview) - [Step 2 – Closeout](https://support.surepact.com/the-project-lifecycle-stage-4-review-1#Closeout) - [Step 3 – Archive](https://support.surepact.com/the-project-lifecycle-stage-4-review-1#Archive)   ### Step 1 – Risk Review The purpose of this step is so that the Project Manager can compare the initial assumed risk with what actually happened.  At the bottom of this tab, you’ll find the initial risk rating assigned to the project. You can change this rating post-project to reflect new realities. If changes are made, be sure to click **Save Risk Rating**.  ![](https://support.surepact.com/hubfs/Knowledge%20Base%20Import/surepact.zendesk.comhcarticle_attachments9398378770831-3.png)   Back at the top of this tab, you can expand the **Approval Status List** to see who approved the original risk profile. To complete this step, enter a note and click **Request Approval**. ![](https://support.surepact.com/hubfs/Knowledge%20Base%20Import/surepact.zendesk.comhcarticle_attachments8876043418127-3.png)   The approval task then goes to the Project Risk Approver. The risk profile acceptance now appears in the **Approval Status List**, and the approver can approve, reject, and submit. ![](https://support.surepact.com/hubfs/Knowledge%20Base%20Import/surepact.zendesk.comhcarticle_attachments8876058802319-3.png)   ### Step 2 – Closeout To close out the project, just enter a summary and click **Submit Project Closeout**. ![](https://support.surepact.com/hubfs/Knowledge%20Base%20Import/surepact.zendesk.comhcarticle_attachments8876058803983-3.png)   ### Step 3 – Archive When the project is complete, and is no longer needed for reference, you can archive it. Simply enter a note and submit. ![](https://support.surepact.com/hubfs/Knowledge%20Base%20Import/surepact.zendesk.comhcarticle_attachments8876043425423-3.png)   To find an archived project, open the [Projects summary page](https://support.surepact.com/projects-summary-1?hsLang=en), click the **Filter** icon, and tick **Show Archived**. ![](https://support.surepact.com/hubfs/Knowledge%20Base%20Import/surepact.zendesk.comhcarticle_attachments8876058806287-3.png)   - [Getting Started (For All Users)](https://support.surepact.com/getting-started-for-all-users?hsLang=en) - [Funding Programs (For Grantmakers)](https://support.surepact.com/funding-programs-for-grantmakers?hsLang=en#main-content) - [Creating & Managing Funding Programs](https://support.surepact.com/funding-programs-for-grantmakers?hsLang=en#creating-managing-funding-programs) - [Application Round(s) Setup](https://support.surepact.com/funding-programs-for-grantmakers?hsLang=en#application-rounds-setup) - [Application Review, Allocations, Funding Agreements](https://support.surepact.com/funding-programs-for-grantmakers?hsLang=en#application-review-allocations-funding-agreements) - [Program Delivery and Reporting](https://support.surepact.com/funding-programs-for-grantmakers?hsLang=en#program-delivery-and-reporting) - [Funding Opportunities (For Applicants & Recipients)](https://support.surepact.com/funding-opportunities-for-applicants-recipients?hsLang=en#main-content) - [Applying for a Funding Opportunity](https://support.surepact.com/funding-opportunities-for-applicants-recipients?hsLang=en#applying-for-a-funding-opportunity) - [Tracking & Managing Applications](https://support.surepact.com/funding-opportunities-for-applicants-recipients?hsLang=en#tracking-managing-applications) - [Grant Management & Reporting](https://support.surepact.com/grant-management-reporting?hsLang=en) - [SurePact Records](https://support.surepact.com/surepact-records?hsLang=en) - [Portfolios](https://support.surepact.com/portfolios?hsLang=en) - [Projects & Contracts](https://support.surepact.com/projects-contracts?hsLang=en#main-content) - [Project Management](https://support.surepact.com/projects-contracts?hsLang=en#project-management) - [Managing Contracts Within Projects](https://support.surepact.com/projects-contracts?hsLang=en#managing-contracts-within-projects) - [Risk, Compliance & Asset Management](https://support.surepact.com/risk-compliance-asset-management?hsLang=en#main-content) - [Risk & Issue Management](https://support.surepact.com/risk-compliance-asset-management?hsLang=en#risk-issue-management) - [Asset Management](https://support.surepact.com/risk-compliance-asset-management?hsLang=en#asset-management) - [Administration & System Setup](https://support.surepact.com/administration-system-setup?hsLang=en#main-content) - [External Assessors](https://support.surepact.com/administration-system-setup?hsLang=en#external-assessors) - [Common Processes](https://support.surepact.com/common-processes?hsLang=en) - [Release Notes & Support](https://support.surepact.com/release-notes-support?hsLang=en#main-content) - [What's New in Version 6?](https://support.surepact.com/release-notes-support?hsLang=en#whats-new-in-version-6) - [What?! 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