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In the Project Management Lifecycle, the maturity phase can be the most difficult since as projects near completion there is a tendency to look for cost reductions or people are redirected to work on another project. Closing a project that is coming to completion or deciding to terminate a failing project early can lead to inefficiencies. The project manager's goal in all cases should be to minimize wasted effort or loss of time and ensure successful closure of the project. Based on research using credible project management websites (such as PMI.org), Describe the different methods for closing or terminating a project.
Describe and evaluate some of the best practices companies should use for ending a project based on examples you found in your research.
Describe what can make closing a project difficult and make recommendations as to what can be done to mitigate those difficulties.
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Alpha, Inc. has struggled for industry dominance with Beta, Inc. its main competitor for years. Alpha has gathered large amounts of competitive data on Beta. They also hired one of Beta's Sr. managers to come in and help them compete agains Beta. Sti..
Briefly describe the balanced scorecard approach to control. Elucidate how it differs from the traditional approach to control used in most companies.
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