The Aon Wrap Up Checklist is a comprehensive tool designed to ensure that all necessary steps are taken to successfully wrap up a construction project. Aon, a leading global professional services firm, provides risk management and insurance solutions to clients across various industries, including construction. The checklist is tailored to help project managers, contractors, and other stakeholders navigate the complex process of closing out a project, minimizing potential risks and liabilities.
Introduction to the Aon Wrap Up Checklist
The Aon Wrap Up Checklist is divided into several sections, each focusing on a specific aspect of the project closure process. These sections include project administration, contractual obligations, insurance and risk management, and financial close-out. By following this checklist, project teams can ensure that all necessary tasks are completed, and the project is formally closed in a timely and efficient manner.
Pre-Close Out Activities
Before starting the close-out process, it’s essential to review the project’s contract documents and identify any outstanding issues or potential claims. This includes reviewing change orders, punch lists, and any other documentation related to the project. The project team should also verify that all insurance policies are up to date and that there are no gaps in coverage.
| Category | Description |
|---|---|
| Project Administration | Review project contracts, identify outstanding issues |
| Contractual Obligations | Verify compliance with contract terms and conditions |
| Insurance and Risk Management | Review insurance policies, identify potential risks |
| Financial Close-Out | Verify payment of all invoices, close out financial accounts |
Close-Out Activities
Once the pre-close out activities are complete, the project team can begin the formal close-out process. This includes obtaining final inspections and certifications, completing punch lists, and resolving any outstanding claims. The team should also verify that all contract terms and conditions have been met and that the project has been completed in accordance with the project specifications.
Post-Close Out Activities
After the project has been formally closed, the project team should review the project’s financial performance and identify lessons learned. This includes analyzing the project’s budget and schedule and identifying any areas for improvement. The team should also update the project’s documentation and archive all project records.
- Review project financial performance
- Identify lessons learned
- Update project documentation
- Archive project records
What is the purpose of the Aon Wrap Up Checklist?
+The Aon Wrap Up Checklist is designed to help project managers and stakeholders navigate the complex process of closing out a construction project, minimizing potential risks and liabilities.
What are the key sections of the Aon Wrap Up Checklist?
+The Aon Wrap Up Checklist is divided into several sections, including project administration, contractual obligations, insurance and risk management, and financial close-out.
In conclusion, the Aon Wrap Up Checklist is a valuable tool for project managers and stakeholders involved in construction projects. By following this checklist, teams can ensure that all necessary steps are taken to successfully wrap up a project, minimizing potential risks and liabilities. The checklist’s comprehensive approach helps to identify and mitigate potential issues, ensuring a smooth and efficient project close-out process.
