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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

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?

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

Types o project termination

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Extinction Addition Integration starvation

Extinction

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Outdated technology Market crisisNo support of management Either successfully completed or

high expectation for failure

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.

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

Starvation

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Budget decrement.Organization don’t ant to invst

any more in the current project.

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Conclusion

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