Friday 18 February 2022

Options for curtailing project activities



Projects may have a scheduled completion. But many projects cease to exist implementation is not planned. Projects can "normally" end in two cases:

- The project ends when they offer a solution to the problem. In practice, it may be possible to offer several options for solving problems, providing commercial or technical plans. The implementation of the project on the practice is not included in the tasks of the project group. Such projects include construction plans or construction models, proposals for the design of goods or a concept for advertising goods or services. This group of projects can include the creation of a "virtual" product through the cooperation of various specialists using various Internet technologies.

- The project ends when the solution of the problem in the form of the result of project activities is applied in practice. Such projects include the introduction of a new product on the market, the creation of a company, the merger of firms, the creation and introduction of a computer program into the company. This group of projects includes all non-standard construction objects (special purpose buildings, bridges, towers).

Projects of "non-standard content" may be terminated in the following cases:

- Project activities may be terminated by the decision of the customer. It cancels orders for the project, because the project implementation process does not correspond to the planning, the risk of failure increases, or after controlling the preliminary results, the calculations show that it is necessary to expect overspending of finances or the activity continues longer than the stipulated period;

- Project activities on documents have not yet been suspended, but the project team's specialists have moved to perform other tasks. At some point, the project ceases to exist and is documented;

- Project activities last longer than the planned period, as long as there are reserves of funding and not all specialists have found a new workplace.

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