Project Termination can be Smart Management

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Jose Daniel Esterkin, CEO, Argentina
🔥NEW There are four fundamentally different ways to terminate a project (Meredith and Mantel 2000, 540545):
  • TERMINATION BY EXTINCTION. The project may be stopped because it has been either successful, or unsuccessful. Examples of successful projects include the launch of a software program; the inauguration of an automobile production line; and, the completion of a new school building. Unsuccessful projects may include a drug manufacture that has failed efficacy tests; a project that is no longer cost-effective; and, a disposal site that has failed to meet environmental standards.
  • TERMINATION BY ADDITION. This is where a project is made more or less an external, but full-fledged addition to the parent organization. For example, a new department of a university would be built as an extension of existing university facilities, to operate with substantial independence from other segments of the institution.
  • TERMINATION BY INTEGRATION.This is the most commo (...) Read more? Sign up for free

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  Trilok Sindhwani, Consultant, India

Project Termination

Why do we often not ask the first basic question? (...)

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