Project Termination MGMT 510 Lawrence Oliva March 22, 2005

Project Termination
The decision to continue or close down the project is fundamentally an organizational resource allocation decision. Should the organization commit additional resources to complete the project and realize the project objectives? This is a complex decision. The rationale for closing or proceeding is often based on many cost factors that are primarily subjective and judgmental.
It's often difficult to perceive when a project is in trouble (Gray & Larson, 2003, p. 499). The purpose of this paper is to discuss all the considerations that might lead to terminating…