15
Project Management Chapter 13 Termination Master student: Marius Miron May 2014

Termination.project management

Embed Size (px)

DESCRIPTION

This presentation is answering the questions from chapter 13 of Jack Meredith's book,'Project Management', and is about Termination.

Citation preview

Page 1: Termination.project management

Project ManagementChapter 13 Termination

Master student: Marius MironMay 2014

Page 2: Termination.project management

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.

Page 3: Termination.project management

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

Page 4: Termination.project management

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.

Page 5: Termination.project management

Termination by IntegrationThe property, equipment, material, personnel,

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

Page 6: Termination.project management

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

Page 7: Termination.project management

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

Page 8: Termination.project management

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

Page 9: Termination.project management

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

Page 10: Termination.project management

5. What is a budget decrement?

A reduction in the amount of funds for an activity.

Page 11: Termination.project management

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

Page 12: Termination.project management

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

Page 13: Termination.project management

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

Page 14: Termination.project management

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

Method in itself has minor problems behind it.

However,…

Page 15: Termination.project management

All thing come to an end…