For training call +44(0)1273 6222 72

Your basket is empty View Cart shopping cart

theBLOG

Blog Main Categories

You are viewing posts from the . prince2 methodology

Click to view all posts

How to Close a Project Early

Written by Andy Trainer – Thu 05 Sep 2013

Having to close a project earlier than anticipated can be a big disappointment and source of concern for Project Managers.

On the other hand, premature closure should be considered as a learning opportunity and even a chance to salvage useful products other than those planned.

With this in mind, the PRINCE2 methodology is focused on controlling every aspect of a project, including its closure, and gleaning as much use out of work done as possible.

Closing a project early can become the best course of action in a number of situations, e.g.

  • If an unforeseen dependency comes into play
  • If the budget for time or cost goes too far beyond agreed tolerance
  • If the budget has to be reconsidered due to reasons beyond the project itself (e.g. programme or corporate budget cuts)

 

Read More

Looking for Online Training?

AgilePM, PRINCE2® & MSP® eLearning

A flexible, cost-effective way to gain your AgilePM, PRINCE2 & MSP qualifications online with our APMG accredited AgilePM eLearning, PRINCE2 eLearning & MSP eLearning packages.

ITIL®, PRINCE2®, PRINCE2 Agile®, MSP®, M_o_R®, P3O®, MoP®, MoV® courses on this website are offered by The Knowledge Academy, ATO of AXELOS Limited. ITIL®, PRINCE2®, PRINCE2 Agile®, MSP®, M_o_R®, P3O®, MoP®, MoV® are registered trade marks of AXELOS Limited. All rights reserved.