lastmanagement
Lastmanagement is an interdisciplinary management approach that focuses on the structured end phase of a project, product, or system. It seeks to manage the closure process so that value is realized, liabilities are contained, and knowledge is captured for future reuse. The concept emphasizes planning for termination as early as initiation, with explicit criteria for wind-down and orderly handover.
The term appears in contemporary management discourse as a response to the tendency of organizations to prolong
Core principles include structured closure, value realization of remaining assets, stakeholder alignment, documentation and archival of
Applications cover decommissioning of facilities or equipment, end-of-life handling for products, software sunset and feature deprecation,
Critics argue that the term rebrands established closure practices without adding new methods, while supporters view