Day: April 17, 2022

Your business organization may be about to undertake a project that requires a relatively large amount of money, such as construction, improvement or management of a road, public building or park. Such capital projects dealing with infrastructure are typically geared Read More …

Review the project and its strategic context on a regular and disciplined basis Recognize the psychological and social forces that motivate one to ―stay the course‖ Recognize that there are prevailing beliefs and cultural forces that encourage the commitment of Read More …

1. Low probability of technical/ commercial/ success. 2. Low profitability/ Return On Investment/ Market potential. 3. Damaging cost growth. 4. Change in competitive factors / market needs. 5. Irresolvable technical problems. 6. High priority of completing projects 7. Schedule delays.

Termination rarely has impact on technical success or failure of projects. But huge impacts on other areas like residual attitudes towards the project (client, senior management, and project team). So it makes sense to plan and execute termination with care. Read More …

There are at least four kinds of reports that an effective monitoring system produces: 1. Project Progress Reports A project progress report is a record and communication of the results of project activities: the degree to which objectives are or Read More …

Data can be presented in various forms depending on the type of data collected. Frequency distribution: A frequency distribution is a table showing how often each value (or set of values) of the variable in question occurs in a data Read More …