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Project Management Chapter-13
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Chapter 13
Project Termination
2012 John Wiley & Sons Inc.
13-*IntroductionAll projects endThe objectives have been completedIt no longer makes sense to finishSome teams move on to other projectsOther times, members go their own wayThe client may be happy, mad, or anywhere in between
13-*The Varieties of Project TerminationTermination by extinctionTermination by addition Termination by integrationTermination by starvation
13-*Termination by ExtinctionExtinction occurs in any scenario where the project goes awaySuccessfulUnsuccessfulChanges in environmentTake too longMurderWhen work on a project stops, some organizational work continues
13-*Termination by Addition Applies to an in-house projectWhen the project is successful, it is institutionalizedWhile the project goes away, project personnel and assets are transferred to the new business
13-*Termination by IntegrationThe most common way to terminate a projectThe project comes into the businessIt is absorbed into the existing structureThat structure absorbs the assets of the project
13-*Aspects of the Transition from Project to Integrated OperationPersonnelManufacturingAccounting/financeEngineeringInformation systemsMarketingPurchasingRisk management
13-*Termination by StarvationTermination by starvation involves greatly reducing the budget of a projectUsed when it is politically dangerous to cancel a projectBad manners to enquire the status of the project
13-*When to Terminate a ProjectProjects take on a life of their ownIt may be easy to terminate a project that is finishedBut it can be very difficult to terminate a project prior to its completion
13-*Critical Success FactorsProject missionTop-management supportProject schedule/planClient consolationPersonnelTechnical tasksClient acceptanceMonitoring and feedbackCommunicationTrouble-shooting
13-*Fundamental Reasons Why Some Projects FailA project organization is not requiredInsufficient support from senior managementNaming the wrong person as project managerPoor planning
13-*Non-Technical Reasons for TerminationPoliticalCross-culturalSenescence
13-*The Termination ProcessMust first decide to terminateIf the decision is to terminate the project, the decision must be carried out
13-*The Decision ProcessSunk costs are not relevant to the decision about terminating a projectPrimary concern for project continuance or termination is whether or not the organization is willing to invest the estimated time and cost required to complete the project
13-*The Implementation Process Termination can be orderly or a hatchet jobPlanning for implementing an orderly shut down yields better resultsWho leads the shut down project?A special termination manager may be used
13-*Things to DoEnsure tasks are completedNotify the clientFinish the paperworkSend out final invoices to the clientRedistribute resourcesClear with legal counselDetermine what records to keepAssign supportClose the project books
13-*The Final ReportA Project HistoryProject performanceAdministrative performanceOrganizational structureProject and administrative teamsTechniques of project management
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