Early Project Termination Notes: Definitions & Explanations PDF | Download eBooks
Study Early Project Termination lecture notes PDF with project management definitions and explanation to study “What is Early Project Termination?”. Study early project termination explanation with project management terms to review project management course for online MBA programs.
Early Project Termination Definition:
Early project termination means terminating a project before it is completed.
Successful Project Management by Jack Gido and James P. Clements
Early Project Termination Notes:
Although a project is to be terminated properly at the end of its life cycle, however, there are some situations in which a project might get termination before it is actually finished. There can be many reasons of early project termination. Sometimes, after the project is started, the project team realizes that the actual cost of carrying out the project is exceeding far too much from the budget and it is very costly to carry out the project. This results in early project termination. Moreover, a dissatisfied customer can also terminate a project before the completion. Early termination by a customer who is not satisfied affects the reputation of the contractor.
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