Which action is typically performed to finalize the end of a Sprint in Jira?

The action that is typically performed to finalize the end of a Sprint in Jira is conducting a retrospective meeting. The retrospective is an essential part of the Scrum framework where the team reflects on the past Sprint to discuss what went well, what didn’t, and how processes can be improved moving forward. This meeting fosters continuous improvement and helps the team identify actionable items to implement in the next Sprint, enhancing overall efficiency and effectiveness.

The focus of the retrospective is to create a safe environment for open communication among team members, allowing them to share insights about their experiences during the Sprint. This practice is crucial for team cohesion and ensuring that lessons learned are documented and addressed in future Sprints.

Other actions listed, such as allocating budget for the next Sprint, reassigning outstanding issues, or creating a new project, do not directly relate to the Scrum process or the typical closure activities at the end of a Sprint. These actions might be relevant in broader project management contexts, but they are not standard practices at the Sprint's conclusion in Scrum teams.