Project Management

[ Project Management Topics ]

Project Termination

Project termination is sometimes also called project close-out or final shutdown. During this phase the people involved are acknowledged for their achieved goals and the work is considered complete.

First lets look at what a successful project is:

"A project is successful when:

Why Terminate?

Projects usually are terminated for two basic reasons: project success or project failure. Senior managers, who “own” the project and who see the project as a building block in the design and execution of organizational strategy, must create a cultural ambience that encourages projects to be successful, but also allows a project to fail if it has lost its strategic fit in the organization’s plans for the future (Celand, Ireland)

However, all project terminations don't necessarily mean the project ended successfully. Either way though, there are some steps that should be taken.

Steps to Take in Termination

 

----- REFERENCES -----

Wideman, M. (n.d.). Wideman Comparative Glossary of Project Management Terms v3.1. Retrieved September 1, 2003, from http://www.maxwideman.com/pmglossary/PMG_O01.htm