Retermination

Retermination is a process in which a new determination of something is made. This can apply to a wide range of contexts. In project management, retermination refers to the act of re-evaluating and potentially changing project scope, objectives, timelines, or budgets. This might occur due to unforeseen challenges, shifts in market conditions, or evolving stakeholder needs. The goal is to ensure the project remains viable and aligned with its intended purpose.

In legal and contractual settings, retermination can involve re-examining the terms and conditions of an agreement. This could be necessary if there's a dispute over interpretation, a material breach, or a need to adapt the contract to new circumstances. For instance, a company might seek to reterminate a supplier contract if the supplier consistently fails to meet quality standards.

In a more general sense, retermination can simply mean reconsidering a previous decision or conclusion. This might happen when new information comes to light that contradicts the original assessment. For example, a scientist might reterminate a hypothesis after conducting further experiments that yield unexpected results. The concept emphasizes a willingness to revise or update previous conclusions based on new evidence or changing factors. It is a fundamental aspect of adaptive management and continuous improvement in various fields.