Project Termination


Definition: Project Termination could be described as the last or final project milestone.
There are four fundamentally different ways to terminate a project:
- Termination by extinction. The project may be stopped because it has been either successful, or unsuccessful.
- Termination by addition.
- Termination by integration.
- Termination by starvation. As the term suggests, the financial, human, and material resources needed to execute the project are curtailed or withheld.


More on project management: BOOT Model, PMBOK, PRINCE2, Project Management, RACI.


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