Which of the following describes the purpose of a punch list?

A punch list is an essential tool used in the construction and project management processes, specifically designed to outline final tasks that need to be completed before a project can be considered fully closed or finished. It typically includes items that need corrections, completion, or minor adjustments after the main work has been completed but before the project can be delivered to the owner or client.

This list offers a way to ensure that all remaining tasks are documented, making it easier to communicate completion requirements to the project team and other stakeholders. The creation of a punch list often occurs during a walkthrough or inspection, where the project manager identifies any items that require attention. Completing all items on the punch list is crucial for a successful project handover, as it signifies that the project meets the quality and functionality standards agreed upon in the contract.

The other options do not align with the primary purpose of a punch list, as they pertain to different aspects of project management and operations.