Here are some of the facts that you should know about Project Temporary nature in any organisations.
In my previous article, I have talked about some of the facts that you need to know about the unique nature of projects. In this article, I want to talk about some of the facts that you need to know about project temporary nature. Follow me as we look at some of those facts in this article.
Project temporary nature in a way means that for any endeavour to be termed as a project, it must have a beginning and an end date. The duration of a project or a process does not really qualify it as a project. It all has to do with the uniqueness of the project.
Here are the six facts that you need to know about the temporary nature of projects. Here are some of the things you will see that shows that your project has come to an end.
#1 achieving objectives
A project will have to come to an end when the objectives of the projects are achieved. I need to state it clearly that it is not all project that will have a “logical conclusion. Some projects have to be stopped when their objectives are no longer relevant.
#2 Objectives cannot be met
Another thing about temporary endeavour is that some objectives cannot be met. If an organisation in setting its objectives are not realistic in terms of gathering customer requirements. This might lead to a situation where the objectives are abandoned because the organisation is not realistic in the first place.
#3 Exhausting funds
The project can also come to an end when the fund has been exhausted for the project. If the organisation does not longer have money to meet up with the requirement for the project. It might lead to a situation where they will have to abandon the project.
#4 Need no longer exists
One other thing that can bring a project to end is if the need for the project no longer exists. If the need for that product is no longer important, it might lead to a situation where the organization has to abandon the project. It might be that the customer no longer wants the project to be completed or strategy has changed and the organisation have to move to something else.
#5 Unavailability of resource
One of the factors that can lead to the termination of a project is the inability to get all the resources that you need for the project. There are two ways of getting resources for your project. They might be sourced internally or externally. It will be very difficult to continue when you cannot get the required resources for your project.
#6 Legal issues
A project might also be brought to an end due to legal issues. The proposed or ongoing project might go against government policies and programme which might force the project to wind down. You have to seek an expert judgement in order not to run foul of the law.
You should know that projects are temporary but their deliverable can have an impact of a lifetime. If a company, for example, is building a bridge for a community. It can outlive an organisation because the project will remain evergreen in the community.
You should note that there also ways that project drives changes in an organisation. Since no proposal will be approved in an organisation without having a link with objectives of setting up such an organisation. Every project that is been executed is aimed at advancing the corporate goals of such organisation.
Most organisations are said to be in the current state before the beginning of the execution of projects. They now have to move from the current state to the future state. It is the duty of the project manager to move the organisation from where they are to where they wanted to be through successful project execution.
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