Question 1

The final items that are left to accomplish or correct at the end of a construction project are on the:

Accepted Answer

A)  punch list. 
B)  check list. 
C)  check sheet. 
D)  errata sheet. 
A)  punch list. 
B)  check list. 
C)  check sheet. 
D)  errata sheet.

Question 2

The formalized system of dealing with grievances and administering corrective justice to parties in a bargaining position is:

Accepted Answer

A)  collective bargaining. 
B)  distributive justice. 
C)  arbitration. 
D)  compensation. 
A)  collective bargaining. 
B)  distributive justice. 
C)  arbitration. 
D)  compensation.

Question 3

An internal intellectual issue that arises when a project is terminated is:

Accepted Answer

A)  agreement with suppliers on outstanding commitments. 
B)  closing down facilities. 
C)  identification of remaining deliverables. 
D)  determinants of requirements for audit trail data. 
A)  agreement with suppliers on outstanding commitments. 
B)  closing down facilities. 
C)  identification of remaining deliverables. 
D)  determinants of requirements for audit trail data.

Question 4

The disadvantage of a BOOT contract to the project organization is that they must take on:

Accepted Answer

A)  higher safety risks. 
B)  higher failure risks. 
C)  higher financial risks. 
D)  higher competitive risks. 
A)  higher safety risks. 
B)  higher failure risks. 
C)  higher financial risks. 
D)  higher competitive risks.

Question 5

Business benefits are often crucial; so many projects must first clear __________ as a criterion for their selection and startup.

Accepted Answer

ROI, retur

Question 6

Termination by addition and termination by integration both represent successful project completion.

Accepted Answer

A) True 
 B)False

Question 7

Research clearly demonstrates that when team members have experienced positive psycho-social outcomes from a project they are __________ to work collaboratively in the future.

Accepted Answer

The answer of Research clearly demonstrates that when team members...

Question 8

Which type of project termination can occur for a project that is successful and for a project that is unsuccessful?

Accepted Answer

A)  termination by addition 
B)  termination by integration 
C)  termination by extinction 
D)  termination by starvation 
A)  termination by addition 
B)  termination by integration 
C)  termination by extinction 
D)  termination by starvation

Question 9

The project review session was one epiphany after another for the project organization. A number of systematic errors were properly identified and the root causes of a number of problems were identified. Sadly, the review session was not leveraged to its fullest extent thanks to:

Accepted Answer

A)  the disbanding of the project team. 
B)  failure to enforce the archiving of this knowledge. 
C)  a restrictive BOOT contract. 
D)  a liberal BOT contract. 
A)  the disbanding of the project team. 
B)  failure to enforce the archiving of this knowledge. 
C)  a restrictive BOOT contract. 
D)  a liberal BOT contract.

Question 10

__________ can be made by a client when there is not a contractual basis for a lawsuit but they consider that because of some unexpected event there is a moral or commercial obligation on the project organization to pay compensation.

Accepted Answer

The answer of __________ can be made by a client...

Question 11

Which statement about project closeout activities is best?

Accepted Answer

A)  Closeout activities are usually given a high priority. 
B)  Getting the project signed off discourages other closeout activities. 
C)  Because all projects are unique, the actual carryover from project to project is minimal. 
D)  Closeout activities are impossible to ignore. 
A)  Closeout activities are usually given a high priority. 
B)  Getting the project signed off discourages other closeout activities. 
C)  Because all projects are unique, the actual carryover from project to project is minimal. 
D)  Closeout activities are impossible to ignore.

Question 12

Researchers have determined that one significant early warning sign of project failure is:

Accepted Answer

A)  the time to complete the project lengthens. 
B)  the rewards were available on an intermittent basis. 
C)  the new product being developed was targeting a market that few new products and firms were entering or existing. 
D)  there was little prior experience on the project team. 
A)  the time to complete the project lengthens. 
B)  the rewards were available on an intermittent basis. 
C)  the new product being developed was targeting a market that few new products and firms were entering or existing. 
D)  there was little prior experience on the project team.

Question 13

The work breakdown for project termination issues can be broadly categorized into:

Accepted Answer

A)  emotional and devotional issues. 
B)  visceral and discrete issues. 
C)  intellectual and intersectional issues. 
D)  intellectual and emotional issues. 
A)  emotional and devotional issues. 
B)  visceral and discrete issues. 
C)  intellectual and intersectional issues. 
D)  intellectual and emotional issues.

Question 14

A mainframe computer company decided to enter the personal computer market with its Floridian Project, but subsequently decided to leave the market to focus on the mainframe business. The decision rule that they probably applied was to get out:

Accepted Answer

A)  when the project no longer meets strategic fit criteria. 
B)  when deadlines continue to be missed. 
C)  when project personnel turn over too rapidly. 
D)  when technology evolves beyond the project's scope. 
A)  when the project no longer meets strategic fit criteria. 
B)  when deadlines continue to be missed. 
C)  when project personnel turn over too rapidly. 
D)  when technology evolves beyond the project's scope.

Question 15

The actual carryover from one project to another is minimal because projects are unique, one-time events.

Accepted Answer

A) True 
 B)False

Question 16

Describe and rank any three decision rules for terminating an ongoing project before completion.

Accepted Answer

Answers will vary with students' ranking

Question 17

The closeout step that requires all contractual documents be recorded and archived is:

Accepted Answer

A)  putting it all to bed. 
B)  finishing the work. 
C)  reviewing how it all went. 
D)  harvesting the benefits. 
A)  putting it all to bed. 
B)  finishing the work. 
C)  reviewing how it all went. 
D)  harvesting the benefits.

Question 18

What are the major types of paperwork that must be closed out at the end of a project? What are some elements of each type?

Accepted Answer

The end of a project requires the close

Question 19

Which of these is NOT a consequence of a natural process for project closeout?

Accepted Answer

A)  Team members suffer a natural let-down and are de-motivated to participate in future projects. 
B)  Managers can create a database of lessons learned analyses. 
C)  Closeout can serve as an important source of information for team members. 
D)  Structure for a systematic and complete project shut-down arises. 
A)  Team members suffer a natural let-down and are de-motivated to participate in future projects. 
B)  Managers can create a database of lessons learned analyses. 
C)  Closeout can serve as an important source of information for team members. 
D)  Structure for a systematic and complete project shut-down arises.

Question 20

Which of these statements about early termination decisions is best?

Accepted Answer

A)  The decision to pull the plug is usually clear-cut. 
B)  A project's viability is usually a purely internal issue. 
C)  Projects that can fulfill a useful purpose in the marketplace are not killed. 
D)  External reasons, such as a change in the organization's environment, are often the reasons for project termination. 
A)  The decision to pull the plug is usually clear-cut. 
B)  A project's viability is usually a purely internal issue. 
C)  Projects that can fulfill a useful purpose in the marketplace are not killed. 
D)  External reasons, such as a change in the organization's environment, are often the reasons for project termination.

The final items that are left to accomplish or correct at the end of a construction project are on the:

The formalized system of dealing with grievances and administering corrective justice to parties in a bargaining position is:

An internal intellectual issue that arises when a project is terminated is:

The disadvantage of a BOOT contract to the project organization is that they must take on:

Business benefits are often crucial; so many projects must first clear __________ as a criterion for their selection and startup.

Termination by addition and termination by integration both represent successful project completion.

Research clearly demonstrates that when team members have experienced positive psycho-social outcomes from a project they are __________ to work collaboratively in the future.

Which type of project termination can occur for a project that is successful and for a project that is unsuccessful?

The project review session was one epiphany after another for the project organization. A number of systematic errors were properly identified and the root causes of a number of problems were identified. Sadly, the review session was not leveraged to its fullest extent thanks to:

__________ can be made by a client when there is not a contractual basis for a lawsuit but they consider that because of some unexpected event there is a moral or commercial obligation on the project organization to pay compensation.

Which statement about project closeout activities is best?

Researchers have determined that one significant early warning sign of project failure is:

The work breakdown for project termination issues can be broadly categorized into:

A mainframe computer company decided to enter the personal computer market with its Floridian Project, but subsequently decided to leave the market to focus on the mainframe business. The decision rule that they probably applied was to get out:

The actual carryover from one project to another is minimal because projects are unique, one-time events.

Describe and rank any three decision rules for terminating an ongoing project before completion.

The closeout step that requires all contractual documents be recorded and archived is:

What are the major types of paperwork that must be closed out at the end of a project? What are some elements of each type?

Which of these is NOT a consequence of a natural process for project closeout?

Which of these statements about early termination decisions is best?

Introduction: Why Project Management

The Organizational Context: Strategy, Structure, and Culture

Project Selection and Portfolio Management

Leadership and the Project Manager

Scope Management

Project Team Building, Conflict, and Negotiation

Risk Management

Cost Estimation and Budgeting

Project Scheduling: Networks, Duration Estimation, and Critical Path

Project Scheduling: Lagging, Crashing, and Activity Networks

Critical Chain Project Scheduling

Resource Management

Project Evaluation and Control

Filters

Exam 14: Project Closeout and Termination

The final items that are left to accomplish or correct at the end of a construction project are on the:

The formalized system of dealing with grievances and administering corrective justice to parties in a bargaining position is:

An internal intellectual issue that arises when a project is terminated is:

The disadvantage of a BOOT contract to the project organization is that they must take on:

Business benefits are often crucial; so many projects must first clear __________ as a criterion for their selection and startup.

Termination by addition and termination by integration both represent successful project completion.

Research clearly demonstrates that when team members have experienced positive psycho-social outcomes from a project they are __________ to work collaboratively in the future.

Which type of project termination can occur for a project that is successful and for a project that is unsuccessful?

The project review session was one epiphany after another for the project organization. A number of systematic errors were properly identified and the root causes of a number of problems were identified. Sadly, the review session was not leveraged to its fullest extent thanks to:

__________ can be made by a client when there is not a contractual basis for a lawsuit but they consider that because of some unexpected event there is a moral or commercial obligation on the project organization to pay compensation.

Which statement about project closeout activities is best?

Researchers have determined that one significant early warning sign of project failure is:

The work breakdown for project termination issues can be broadly categorized into:

A mainframe computer company decided to enter the personal computer market with its Floridian Project, but subsequently decided to leave the market to focus on the mainframe business. The decision rule that they probably applied was to get out:

The actual carryover from one project to another is minimal because projects are unique, one-time events.

Describe and rank any three decision rules for terminating an ongoing project before completion.

The closeout step that requires all contractual documents be recorded and archived is:

What are the major types of paperwork that must be closed out at the end of a project? What are some elements of each type?

Which of these is NOT a consequence of a natural process for project closeout?

Which of these statements about early termination decisions is best?

Introduction: Why Project Management

The Organizational Context: Strategy, Structure, and Culture

Project Selection and Portfolio Management

Leadership and the Project Manager

Scope Management

Project Team Building, Conflict, and Negotiation

Risk Management

Cost Estimation and Budgeting

Project Scheduling: Networks, Duration Estimation, and Critical Path

Project Scheduling: Lagging, Crashing, and Activity Networks

Critical Chain Project Scheduling

Resource Management

Project Evaluation and Control

Filters