Insurance closing the project types of project terminaton
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Transcript of Insurance closing the project types of project terminaton
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A Presentation
On
Insurance closing the project types of Insurance closing the project types of project terminatonproject terminaton
Std: mam(sem-5)
Prepared by: Thummar Nikita
E.No : 137600585017
Submitted to: Heena ma’am
(Ass.professor in Smt.Shantaben Haribhai Gajera MBA Mahila college Amreli)
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What is project management
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Introduction
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Insurance
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Risk management The insured transfers the cost of
potential loss to another entity It protect individuals, businesses and
other entities
Ex: life insurance
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What is Project Closure?
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Who is responsible for project Closure?
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Project closer
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The project’s activities are formally completed
Unsuccessfully projectMoving on to their next assignmentManagement wants you to start the
next project immediately.Permature endChange in priority
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What is project termination
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Types o project termination
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Extinction Addition Integration starvation
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Extinction
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Outdated technology Market crisisNo support of management Either successfully completed or
high expectation for failure
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Addition
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Project ends successfully.Transfer of the resources.Migrates into the enterprise as a new
business unit or product line.Become formal part of an
organazation.
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Integration
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This is the most common and most complex type.All the assets and resources used in a project are
redistributed among the existing elements of the organization.
Become standard part of an organization
-Personnel and human resources. -Information systems and technology -Marketing and sales -Distribution
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Starvation
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Budget decrement.Organization don’t ant to invst
any more in the current project.
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Conclusion
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Bibliography
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Http://www.slideshare.net/zaid/termination?related=1
Https://en.wikipedia.org/wiki/projectcosing
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Thank you