10 me667 chap7 project termination
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PROJECT TERMINATIONME751 Chap7 Project
Management
Project TerminationTypes of
terminationsHow and why
projects terminateTypical termination
activitiesNeed for a project
history
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All Things Come to an End . . .Termination rarely has much impact on technical
success or failure . . .But a huge impact on other areas
Residual attitudes toward the project (client, senior management, and project team)
Success of subsequent projectsSo it makes sense to plan and execute termination
with care
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When Do Projects Terminate?Upon successful completion, or . . .When the organization is no longer willing to invest
the time and cost required to complete the project, given its current status and expected outcome.
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Most Common Reasons for Projects Termination1. Low probability of technical/commercial
success2. Low profitability/market potential3. Damaging cost growth4. Change in competitive factors/market needs5. Irresolvable technical problems6. Higher priority of competing projects7. Schedule delays
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Close-out Plan: Questions to be AskedWhat tasks are required to close the
project?Who will be responsible for these tasks?When will closure begin and end?How will the project be delivered?
Four Varieties of Project Termination1. “Termination by extinction”
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
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Four Varieties of Termination2. “Termination by addition”
The project becomes a formal part of the parent organization People, material, facilities transition
3. “Termination by integration”Project assets are distributed to and absorbed by the
parent
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Four Varieties of Termination (cont’d)4. “Termination by starvation”
Withdrawal of “life support”Can save “face,” avoid embarrassment, evade admission
of defeat
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A Design for Project Termination
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Project HistoryOne of the major aims of termination is development
and transmittal of “lessons learned” to future projectsOne way to do that is through a project history
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Contents of a Project History1. Project Performance
What was achieved; successes, challenges, failures2. Administrative Performance
Reports, meetings, project review procedures; HR, financial processes
3. Organization StructureHow structure evolved, how it aided/
impeded progress
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Contents of a Project History4. Project and Administrative Teams
Performance of the project team, recommendations5. Project Management Techniques
Planning, budgeting, scheduling, risk management, etc.: what worked, what didn’t
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What does it do? Who’s involved? What’s the benefit?
• identifies what worked and what didn’t• recommends ways to improve performance on future projects
• project team• key stakeholders
• future projects benefit from documented lessons learned
What to do? What tools do they use?
Who can help?
• request the Project Office to conduct a lessons learned session• provide contact information for project team members and key stakeholders
• Lessons Learned Survey• Project Look-back Agenda• Lessons Learned Report• Lessons Learned – Management Report
• Project Office
Lessons learned session
Challenges to Meaningful Project HistoriesSince the project history has so much potential
benefit, why is it often done poorly, or not at all?Possible reasons
No one sees it as their jobPM has many other priorities, especially as project winds
downLong duration projects mean many PMs, voluminous
record, little corporate memoryPMs may be more attuned to looking forward than
looking back
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