What is the completion test?

Completion test is a type of evaluation process that seeks to determine whether the project is really successful. This is usually achieved by identifying specific criteria that the project must meet to achieve the objectives of defining efforts. If the test results indicate that the project is not in line with the objectives and objectives outlined at the beginning of the effort, there is a great chance that the project will either be overwhelmed in favor of a project that shows a more promising.

One of the first phases of the completion test is to find out how well the project has met the specifications of the original structuring and starting. While some specifics of the structure can be improved during the move forward, the idea is to ensure that the original focus is not lost over time. If it is found that the proposal is still relevant to these original objectives, then the first phase is considered to be successful and further evaluation of the project can begin.

After confirming the design specifications, they are fine, the next stage of the conformity test often focuses on the performance level achieved by the project. This includes finding out whether each cycle within the project process brings the desired results. For example, if the project includes a successful production of 1,000 widgets every eight hours on a working day and production is actually 1,200 widgets in eight hours, then the project is not only in line, but exceeds expectations.

One other key element of the completion test is to find out whether the cash flow expected from the project lives according to the original objectives. At this point, the idea is to find out whether the project is proceeding towards this or has already reached the point of generating the anti -breathless returns were expected at the beginning of the effort. This means that if the aim was to sell 30,000 widgets per month after the project has been in operation for five months, and the current sales volume is for this fifth month to 31,000 units, then the test results suggest that the project is truly successful and is worthyeven as it is. Assuming the completion test suggests that the project has been successful, the launch can be considered complete and the financing of effort can move from the use or temporary financing to permanent or free funding.