Course Code: CSE4033 | Module 3.4 | Duration: 1.5 Hours
This section focuses on the systematic process of formally closing a project, including administrative closure, contract completion, and post-project evaluation.
Project termination is the process of formally closing a project after its completion or when it's determined the project should end prematurely. Proper termination ensures:
Determine if/when to terminate
Develop termination plan
Implement termination activities
Conduct post-project review
Handover to operations
Project completes all objectives and deliverables as planned.
Project ends before completion due to various reasons.
Project continues indefinitely without clear completion.
Project cannot meet objectives and is terminated.
Scenario: Your 8-month ERP implementation project is at month 6 with the following status:
Select the most appropriate action based on the scenario:
Adjust scope, extend timeline, request additional budget
Formally close current project and initiate new one
Deliver core functionality and terminate remaining work
Terminate current vendor contract and transition
Continue with original scope and timeline
Stop all work and close project immediately
For your selected approach, complete these termination tasks:
Resources can be allocated to more valuable projects
Sunk costs may not be recoverable
Team morale may be affected by project failure
Valuable lessons can improve future projects
Watch this video on proper project closure from the Project Management Institute:
1. Which of the following is NOT typically part of project termination?
2. What is the primary purpose of a lessons learned session?
3. When might premature project termination be appropriate?