Why is Experience Project shutting down?

Experience Project is Shutting Down Due to Privacy Issues! Experience Project is a social networking website that has been operating for a decade. It is smaller in comparison to big social media sites such as Twitter or Facebook, however, that is not necessary a bad thing. The type of users the site attracts is different.

How complex is a shutdown project?

The complexity of these projects dictates a sound process for planning and executing. Meanwhile, the pressure on schedule and overall duration turn them into the Formula 1 of project execution and control. 40% of shutdown projects experience a cost overrun or schedule delay of more than 30%.

What happened to experience project?

In March 2016, Experience Project announced that it would suspend operations indefinitely. The existing content of the site would remain publicly available, but members would no longer be able to post new content or access their accounts. The site was officially suspended on April 21, 2016.

Should a project be terminated at the right time?

Choosing to terminate a project at the right time can potentially save a company or team both time and money. Projects can end for a variety of reasons, but the project manager or leader ultimately makes the decision to terminate a project. Related: What Is Project Organization? Definition, Types and Steps