Project Closure and Formal Acceptance: The project closure output concerns verifying that the product
of the project meets all requirements and obtains formal sign-off of the acceptance of the product. Formal
acceptance also includes distributing notice of the acceptance of the product or service of the project
by the stakeholders and customers. Documenting formal acceptance is important because it signals the
official closure of the project and it confirms that the project was completed satisfactorily. In this form,
a document for sign-off indicates that the signing person accepts the product of the project