Types of Project Closure
Normal
Premature (< 100% of planned scope)
Perpetual
Failed project
Changed priority (new scope)
Premature Closure
What factors would lead you to consider early termination of a project?
Premature Closure
What factors would lead you to consider early termination of a project?
When costs exceed business benefits
When the project no longer meets strategic fit criteria
When deadlines continue to be missed
When technology evolves beyond the project’s scope
Project Termination in the IT Industry
•An estimated 40% of IT application development projects are canceled before completion
•33% of the remaining projects face significant cost and/or schedule overruns or changes in scope
•IT project failures cost US companies and government agencies $145 billion per year
Top 10 Signs of IT Project Failure
1. Project managers do not understand users’ needs
2. Scope is ill-defined
3. Project changes are poorly managed
4. Chosen technology changes
5. Business needs change
6. Deadlines are unrealistic
7. Users are resistant
8. Sponsorship is lost
9. Project lacks people with appropriate skills
10. Best practices and lessons learned are ignored
Shutting Down the Project
Emotional
Intellectual
Will there be future work?
Loss of interest
Jockeying for position
Identify remaining work
Outstanding commitments
Closure of work orders
Agreements with clients and suppliers Key Closing Activities
Wrap-Up Checklist
TABLE 14.1
Elements of the Final Project Report
Executive Summary
Project goals met/unmet
Stakeholder assessment
Review and Analysis
Scope statement
Procedures and systems
Organizational resources
How do you encourage teamwork and collaboration while recognizing individual performance?
Team Performance Characteristics
How would you measure the effectiveness of the project team?
Characteristics of High Performing
Teams
Share a sense of common purpose
Make good use of individual talents and skills
Have balanced and shared roles
Maintain a problem solving focus
Accept differences of opinion and expression
Encourage risk taking and creativity
Set high personal performance standards
Identify with the team
Project Performance Evaluations
•Don’t leave evaluations of individuals to supervisors of the team member’s home department.
•Don’t measure team performance only on time, cost, and specifications. Sample Team Evaluation Survey
TABLE 14.2
Individual Performance Review
How did each team member contribute to team success?
Individual Performance Assessment
Multiple rater appraisal
(“360-degree” feedback)
Solicit feedback concerning team members’ performance from all of the people that their work
