Project termination practices in Indian industry; a statistical review

摘要

The paper critically analyzes the key issues faced by project professionals in terminating projects in Indian industry. Statistical analysis was carried out after administering a questionnaire to project executing firms. While studying the major problems faced by project managers, statistical results show that negotiating claims with clients, compliance of statutory requirements, receipt of final installment of payment, performance guarantee tests, and handling claims of suppliers are the key problems faced by project managers in India in terminating projects. It was observed that [he problems faced by private sector corporations are as severe as public sector companies. Various other problems encountered by project managers are also highlighted. At the end, the paper indicates further scope of expanding the present research work.