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 common way of dealing with succ (...) Read more? Sign up for free

  Trilok Sindhwani
Consultant, India
 

Project Termination

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

 

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