One upside to terminating a project that is not going as well as planned is that the poorly performing project team members will be kept from causing trouble elsewhere.
Project Termination, also known as "project close-out" or "project finalization," is the process of closing or concluding a project when there is no longer a need for it or any reason to continue. If the client or end-user accepts the project's results and the project has completed its scope, the project has terminated. External developments like a market crisis, technological advancements, etc. have surpassed the project. The project's objective was not met. The final stage of concluding all project management process activities is called project closure (Project, phase, contract). The main advantages of this process are the archiving of project or phase information, completion of planned work, and freeing up of organizational team resources for new projects.
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