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Questions and Answers
One reason why projects end is when the project is completed ______
successfully
When a project runs out of ______, it may come to an end due to financial reasons
money
A project may end if there is a ______ change for the organization or if the client changes strategy
strategic
Projects may come to an end if they do not meet targets in the ______ gate process
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When there are unforeseen circumstances externally like natural disasters, projects may come to an end due to ______
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In which termination method does the project become an ongoing program or function of the organization?
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What could lead to a sudden and unexpected termination referred to as 'Project Murder'?
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How does Termination by Integration differ from Termination by Addition?
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Which scenario does NOT typically lead to the termination of a project?
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When does Termination by Extinction occur?
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What happens to project personnel and assets in Termination by Addition?
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What is the main difference between termination by addition and termination by integration?
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When a manager wants to starve a project, it is usually because:
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What does termination by starvation involve?
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In project closure, what is included in the close-out plan?
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Why might a manager choose to starve a project rather than kill it directly?
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What is one reason why a manager might consider terminating a project by starvation instead of immediate closure?
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Study Notes
Project Termination Methods
- Termination by Starvation: reducing resources allocated to a project, including budget, human resources, and equipment/materials.
- Reasons for Termination by Starvation:
- Politically dangerous to kill a project
- Transitioning key employees/project partners
- Hoping project environment will improve soon
Project Closure
- Close-out Plan: a plan to close the project, addressing tasks, responsibilities, timelines, and delivery.
- Questions to be asked in a Close-out Plan:
- What 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?
Types of Project Termination
- Termination by Extinction: project ends due to successful/unsuccessful completion, changes in environment, or taking too long.
- Reasons for Project Extinction:
- Successful completion
- Unsuccessful completion
- Changes in environment
- Taking too long
- Special Case: Project Murder (sudden demise without warning)
- Scenarios for Project Murder:
- Mergers & Acquisitions (redundant/not interested)
- New executive (hired/promoted) may eliminate projects
Termination by Addition
- Applies to in-house projects that become successful and institutionalized as a new formal part of the organization.
- Examples:
- Developing an in-house digital marketing team
- Project team becomes part of the final result
Termination by Integration
- The most common way to terminate a project, where the project is absorbed into the existing operating structure.
- Examples:
- An automotive company develops a new electric vehicle battery technology
Why Projects End
- Reasons for project termination:
- Project completed successfully
- Financial constraints (out of money)
- Strategic change for org (no longer fits) or client changes strategy
- Schedule constraints (ran out of time)
- Bankruptcy of organization
- Unforeseen circumstances (e.g., economic downturn, government regulation, natural disasters)
- Dysfunctional team/lack of company culture
- Poor stakeholder management
- Phase gate process (not meeting targets)
- Legal issues (e.g., patent infringement)
- Executive supporter no longer with organization/in position
- Technical infeasibilities
- Out of resources
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Description
Explore common reasons why projects come to an end, including successful completion, financial constraints, strategic changes, time limitations, organizational bankruptcy, external unforeseen circumstances, dysfunctional teams, and poor stakeholder management.
