Construction · Defined
Punch list
A record of incomplete, deficient, or corrective work identified near project completion. Items normally require assignment, correction, and follow-up verification.
Why it matters
A punch list is not a substitute for tracking major unfinished scope, required approvals, or unresolved financial exposure. Its usefulness depends on clear locations, responsible parties, status, and closure evidence. Remaining cost should reflect the actual work, not simply the number of items.
In practice
A project example
Several minor paint touch-ups may be less consequential than one unresolved water-intrusion item. Closeout reporting should make that distinction visible.
General educational guidance from KOW Building Consultants. Examples are illustrative, not project records. The applicable contract, standard, program, and jurisdiction control the requirements for a specific assignment.