GENERAL PROCESS
6
Canceling Projects
| What: | Terminating a troubled project before its scheduled completion. | |
| When: | Project execution. | |
| Results: | Minimized time, effort, and money expended on doomed projects and improved long-term team motivation. |
Not every project, no matter how worthy or promising, will end well. When it becomes apparent that a project will not ultimately succeed, canceling it early, in a positive way, has many benefits.
Recognize the Problem
One reason for early termination is insufficient progress toward meeting your project objective and priorities. Project variance analysis may reveal:
- Schedule delays or execution problems
- Excessive resource consumption
- Insufficient staff, funding, or other resources
- Scope ...
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