Terminating a project
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No. 1
What are the different types or varieties of terminating a project? Explain when each type of project termination should be considered.
No. 2
What factors are considered most important in the decision to terminate a project?
No. 3
How can termination for reasons other than achievement of project goals be avoided?
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Solution Summary
Terminating a Project
What are the different types or varieties of terminating a project? Explain when each type of project termination should be considered.
Termination of the project is inevitable; however the way in which is it terminated may have a huge impact on the organization. The best measure of how successful projects have been in the past is also measured on how unsuccessful projects were treated.
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Terminating a Project
What are the different types or varieties of terminating a project? Explain when each type of project termination should be considered.
Termination of the project is inevitable; however the way in which is it terminated may have a huge impact on the organization. The best measure of how successful projects have been in the past is also measured on how unsuccessful projects were treated.
There are three ways to terminate a project (Meredith & Mantel, 1995); extinction, inclusion, or integration. Completion of the project is the definition of termination by extinction. For example, the product has been developed and presented to the client; the construction is done and building is habitable; and the software has been installed and is running appropriately. Just because a project is completed, does not mean it was successful; the project could have been unsuccessful. In either case, all meaningful project activities have stopped; actual work has been halted, delayed indefinitely, or has been reduced ...
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