Termination.project management

Project ManagementChapter 13 Termination

Master student: Marius MironMay 2014

Questions:1. List and briefly describe the ways projects may be

terminated

A project can be terminated in one of four ways: Extinction Addition Integration Starvation.

Termination by ExtinctionThe end of all activity on a project without

extending it in some form, such as by inclusion or integration.Project has successfully completed, or it has

failed Natural passing, or “termination by murder” Either way, project substance ceases, but much

work needs to be done Administrative Organizational

Termination by AdditionThe project is a major success. It becomes the

formal part of the parent organization.

Transfer of the resources to the newly born division.

Termination by IntegrationThe property, equipment, material, personnel,

and functions of the project are distributed among the existing elements of the parent organization.

Termination by StarvationCutting a project’s budget sufficiently to stop

progress without actually killing the project (budget decrement)

Resources are taken away

Organization don’t want to invest any more in the current project

2. What problems may occur if the PM does not have a follow-on project when the current near termination?

3.What are the primary duties of a termination manager?

ensure completion of the workensure that delivery is accomplishedensure that documentation is complete-Final

Reportbilling + sending invoices to the customerredistribute resources to the appropriate

placesclear project with legal counsel or consultantrecords

4. On termination of a project, what happens to the information gathered throughout the course of the project?

It is taken into account to improve future projects

5. What is a budget decrement?

A reduction in the amount of funds for an activity.

6. Identify the four reasons for project termination fail

A Project Organization Is Not RequiredInsufficient Support from Senior

ManagementNaming the Wrong Person as Project

Manager Poor Planning

7. What does the Project Final Report include?

Project performance comments-what was achieved; successes, challenges, failuresAdministrative performance comments-reports, meetings, project review procedures; HR,

financial processesOrganizational structure comments-how structure evolved, how it aided/impeded

progressPersonnel suggestions, possibly a confidential

section

8. What factors are considered most important in the decision to terminate a project?

9. What issues should be considered when using the termination-by-integration method?

Method in itself has minor problems behind it.

However,…

All thing come to an end…