Close Out a Reporting Period

Closing out reporting periods enables project managers and other stakeholders to analyze the progress of projects using reports, identify problem areas, and take corrective actions as necessary over the life of the project. Ensure progress is updated before you close out a reporting period. When a reporting period is closed, installed and actual to date values are locked down for the selected date and can no longer be updated.

You must have the appropriate security privileges to close out reporting periods.

Before the first reporting period is closed, the following conditions must be met:

Scope assignment data exists.
The project baseline is set.
The correct Reporting Cycle and Frequency for Resetting Period Name settings are selected. This can be done directly on the Reporting Period Closeout page.

To close out a reporting period:

In the object selector, select a project.
In the sidebar, hover over  Scope, and select Period Closeout.
On the Reporting Period Closeout page, select Close Period.

Next: Associating Activities with Scope Assignments and Work Packages for Scope Management Overview