Which process name correctly completes the sentence: This process finalizes all activities and releases resources?

• A. Plan Scope Management
• B. Direct and Manage Project Work
• C. Develop Project Charter
• D. Close Project or Phase

Answer: (D)

Finalizing all activities and releasing resources happens during the Close Project or Phase step. This is the moment the project or phase is brought to a formal conclusion: deliverables are accepted, all remaining contracts are closed, records are archived, lessons learned are documented, and team members and other resources are released. It ensures nothing is left open and provides a clear historical record for future projects. The other options focus on planning, executing, or authorizing work, not on wrapping up and freeing resources.