What are the four reasons for project termination?
Extinction
Addition
Integration
Starvation
Describe natural termination closeout project
Finishing the Work Handing Over the Project Private Finance Initiatives (PFIs) Build, Operate, and Transfer (BOT) Build, Own, Operate, and Transfer (BOOT) Gaining Acceptance for the Project Harvesting the Benefits Reviewing How It All Went
What are some of the problems with post project reviews?
- Objectivity and Issues
a. Outside reviewers are unfamiliar.
b. Project team may be suspicious.
c. Outside evaluators may be compelled to find
problems.
d. Outside reviewers are not competent. - Internal Consistency
- Replicability
- Fairness
Describe common mistakes and guidelines for lessons learned meetings.
Common Errors Misidentifying systematic errors Misapplying or misinterpreting lessons based on events Failure to pass along conclusions Meeting Guidelines Establish clear rules of behavior Describe objectively what occurred Fix the problem, not the blame
What are the required reviews at the project closeout?
General program and project management confidence Commercial confidence Market and sales confidence Product quality confidence Manufacturing confidence Supply chain logistics confidence Aftermarket confidence Health, safety, and environment confidence
What prevents effective project closeout?
Project sign of discourages other closeout
activities.
Urgency of all project pressures cause shortcuts on
back-end.
Low priority given to closeout activities.
Lessons learned analysis seen as bookkeeping.
Unique view of projects.
Which factors to review after project termination?
- Static
- Task-team
- Sponsorship
- Economics
- Environment
- User
What are some early termination rules?
- Costs exceed business benefits.
- Failure to meet strategic fit criteria.
- Deadlines continue to be missed.
- Technology evolves beyond the project’s scope.
What are some of the concerns with shutting down project?
Emotional Issues of the Project Team
Emotional Issues of the Clients
Intellectual Issues-Internal
Intellectual Issues-External
What are some of the issues with claims and disputes?
Two types of claims: Ex-gratia claims Default by the project company Resolved by: Arbitration Binding Non-binding Standard litigation
How to protect against claims?
Consider claims as part of the project plan. Verify stakeholders know their risks. Keep good records throughout the life cycle. Keep clear details of change orders. Archive all correspondence.
What are the elements of the final report?
- Project performance
- Administrative performance
- Organizational structure
- Team performance
- Project management techniques
- Benefits to the organization and customer
