Stopping Projects

There are always situations in which projects have to be stopped. Nine reasons for stopping are:

• Final achievement of the objectives

• Poor initial planning and market prognosis

• A better alternative is found

• A change in the company interest and strategy

• Allocated time is exceeded

• Budgeted costs are exceeded

• Key people leave the organization

• Personal whims of management

• Problem too complex for the resources available

Today most of the reasons why projects are not completed on time and within cost are behavioral rather than quantitative. They include:

• Poor human relations

• Poor labor productivity

• No commitment by those involved in the project

The last item appears to be the cause of the first three items in many situations.

Once the reasons for cancellation are defined, the next problem concerns how to stop the project. Some of the ways are:

• Orderly planned termination

• The "hatchet" (withdrawal of funds and removal of personnel)

• Reassignment of people to higher priority tasks

• Redirection of efforts toward different objectives

• Burying it or letting it die on the vine (i.e., not taking any official action) There are three major problem areas to be considered in stopping projects:

• Worker morale

• Reassignment of personnel

• Adequate documentation and wrap-up

Project Management Made Easy

Project Management Made Easy

What you need to know about… Project Management Made Easy! Project management consists of more than just a large building project and can encompass small projects as well. No matter what the size of your project, you need to have some sort of project management. How you manage your project has everything to do with its outcome.

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