Which of the following activities is performed during project closure?

Project closure is a critical phase in the project management lifecycle, encompassing a variety of activities to ensure that all aspects of the project are finalized effectively. The correct answer, which includes all activities related to closing a project, reflects the comprehensive nature of closure.

Reverse Transition involves moving control and responsibilities from the project team to the operational team or clients, ensuring all deliverables are properly handed over and integrated into regular operations. This activity is vital for maintaining continuity and ensuring that project outputs can be effectively utilized.

Closing Billing and Payment is another essential activity during project closure. It ensures that all financial transactions related to the project are settled, including payments to vendors, contractors, and team members. This step is necessary to finalize the project's financials, avoid disputes, and ensure that budgets are closed out accurately.

Contributing to Organizational Knowledge is equally significant, as it involves documenting lessons learned and insights gained throughout the project's lifecycle. This practice ensures that valuable knowledge is captured for future projects, contributing to continuous improvement and efficiency within the organization.

In summary, the closure phase of a project includes all these activities—reverse transition, closing billing and payment, and contributing to organizational knowledge—making the choice that they all occur during this phase the most complete and accurate.