TAILIEUCHUNG - Lecture Project management in practice (6th Edition) – Chapter 8: Evaluating and terminating the project

The following will be discussed in this chapter: Evaluation, project termination, project auditing, evaluation criteria, the audit process, when to terminate a project, types of project termination, the termination process, the project final report,. | Chapter 8 Evaluating and Closing the Project Evaluation Appraises the progress and performance of the project relative to The initial or revised plan The goals and objectives set for it during the selection process Projects should be evaluated at key points in the project life cycle Purpose is to improve process of carrying out future projects Evaluation Criteria Criteria set by senior management Original criteria for selecting and funding project Success to-date Business/direct success Such as the level of commercial success for external projects and reduced throughput time for internal projects Contribution to organization’s goals Contribution to team member objectives Four Important Dimensions of Project Success Efficiency in meeting the budget and schedule Customer impact/satisfaction Business/direct success Future Potential Items to Consider for Project Evaluation Report Recommendations Communication with the client and senior management Locating opportunities for technological

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• Project management
• Project management in practice
• Evaluating the project
• Terminating the project
• Project auditing
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• Information technology project management
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• Project Analysis Under Certainty