10 - Project Termination, Review, and improvement

Question 1

What are the 4 types of project termination?

Answer 1

Extinction - completed or failed (natural)
Addition - project has successfully become part of parent orgnanisation
Integration - Projetc assests are distributed among parent withing existing structure
Starvation - Withdrawal of resources, not officially closed

Question 2

What must you also consider when analyisng project peformance?

Answer 2

Mid and Long term stategic objectives. Such as organisations vision and stakeholder satisfaction.

Question 3

What is Project History

Answer 3

Essentially the lessons learnt

Question 4

What are the challenges of creating a meaningful project history?

Answer 4

No time
No one sees it as their job
Other priorities

Question 5

What are the two learning methods?

Answer 5

Leanring before - training/consultants

Learning doing - Auditing/Reviewing

Question 6

What are the 4 grup maturity classes?

Answer 6

Group 1 - Flatliners, repeated mistakes
Group 2 - Improvers, some increase
Group 3 - Wannabees, trying to catch up
Group 4 - World class, ever increasing performance

Question 7

What is lean project management?

Answer 7

Attempts to reduce 7 wastes.

Question 8

What is Agile project management?

Answer 8

Where work is broken down into sprints. Intensity maintained by daily scrums.

Question 9

What are the 3 pillars of change?

Answer 9

Strategy development
Knowledge management
Implementation