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