Exam 14: Project Closeout and Termination

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Systematic errors are not one-time incidents, but instead represent built-in components of the project management process.

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Administrative performance review is an important component of the final project report. Which item is a key facet of administrative performance?

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What purpose does a final project report serve; what are the major elements of the final project report and what information should be contained in each one?

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The final project report is the administrative record of the completed project, identifying all its functional and technical components as well as other important project history. The final report is an evaluative document that highlights both the strengths and weaknesses of its development; a candid assessment of what went right and what went wrong for the project over its life cycle. The major elements and information in each are as follows:
Project performance - Project achievements relative to plan are assessed. How did the project compare on time, cost, performance, and client acceptance?
Administrative performance - What standard administrative practices occur within the organization and what are the benefits and drawbacks to the project?
Organizational structure - Comments on how the organization's operating structure either helped or hindered the team and its efforts.
Team performance - The report should reflect on the effectiveness of the project team in terms of their actual performance on the project and with regard to team building and staffing policies, training or coaching, and performance evaluation.
Techniques of project management - The report should examine the methods of estimation as well as scheduling processes and techniques.
Benefits to the organization and customer - All projects are guided by a goal or series of discrete goals that have, as the bottom line, the assumption of providing benefits to the sponsoring organization and the project's clients. This section of the report should consider the degree to which the project succeeded in accomplishing its goals and providing the anticipated benefits.

Which two types of project termination are reserved for successful projects?

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Systematic errors could be best described as:

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Lessons learned analysis is best described as:

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How do the four types of project termination differ?

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Once the project was successfully concluded, the team members returned to their roles in the organization, occasionally congregating at the water cooler to relive their halcyon days of yore. No one could argue that their project was:

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Which two types of project termination can occur for unsuccessful projects?

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Describe the four early warning signs of project failure.

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What are the four major categories in the work breakdown structure for project termination? Provide examples of specific tasks within each of these four categories.

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Loss of team identity is:

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Binding arbitration:

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An example of an external intellectual issue is:

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The departmental patriarch spent his last years at the university developing and promoting the Student Portfolio Project, that required all departmental faculty to create integrated course projects and maintain a database of their students' work. New graduates could refer their prospective employers to the Student Portfolio Project database to mine examples of their work. The patriarch retired, funding and effort dried up, and the project lingered in a few syllabi and on the department's web site for a year or two but now any mention of it elicits either puzzled looks or wry grins from the remaining faculty. The patriarch's Student Portfolio Project has officially been terminated by:

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Two early warning signs of project failure are __________ and __________.

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Non-employees such as contractors or consultants being released and paid is an important component of:

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The primary goal in requiring a project final report is to:

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When a project is shut down, the project team must ensure that all relevant stakeholders are clearly aware of the project shut down, including the date by which all activities will cease. This is an:

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Construction of the largest egg in the world seemed like a good idea when the Pixley city council awarded Halliburton the construction contract, but as the weeks turned into months the idea had lost much of its charm. What emotional issues might the project team be facing?

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