Early Project Termination

Early Project Termination

Assessment

Interactive Video

Business

Professional Development

Hard

Created by

Wayground Content

FREE Resource

Bill Carmody discusses the concept of early project termination, explaining that it occurs when a project is stopped before its natural conclusion due to various reasons such as resource shifts or organizational changes. He outlines the steps to manage this situation, including notifying the team, documenting completed work, and assessing the impact on resources and costs. The project manager's role is to ensure a clean closure, making it possible to reuse resources or apply completed work to other projects. Despite the challenges, early termination is manageable with proper documentation and communication.

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