By and large, projects are terminated due to two fundamental reasons: project success or project failure. Project success signifies that the project has encountered its cost, agenda, and technical operation goals and has been incorporated into the organization of customers to play a role to their mission.
Project failure indicates that the project has failed to fulfill its cost, agenda, and technical operation goals, or it is incompetent or unfit in the organization's prospect.
Besides, following are the two broad categories of project termination:
Natural terminationUnnatural terminationYoung (2003) draws the attention to some of the causes of project termination:The project domino effect have been delivered to the customerThe project has spilled over its cost and agenda goalsThe project owner's tactic has alteredThe project's backer has been goneEcologica…