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Management Considerations and Critical Success Factors
Project Termination, two words, which without knowing the context in which they are used, sounds ominous. ... In the ideal environment a project will have a successful end. When a successful project reaches the point of project termination, it generally involves meetings to discuss what went well, what could have worked better, what was successful, what could be done differently, what could have allowed for a faster completion time, and were enough resources available to efficiently complete the project? A successful project termination is the goal to which most project managers aspire.
On the other hand, an unsuccessful project has a very different type of project termination. When a project is unsuccessful, the project may be terminated either at the end of the unsuccessful project, or the project may be brought to an abrupt end. When a project is terminated at the end of an unsuccessful project, the parties involved will meet to discuss the impact of the failure of the project to the company, as well as to the project team. When a project is brought to an abrupt end based on impending failure, the project team may be left in a state of chaos.
There are many factors that may lead to project termination.
Approximate Word count = 1048
Approximate Pages = 4.2
(250 words per page double spaced)
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