Question 1

At a minimum, a project assessment system should specify the __________, the __________, and the __________.

Accepted Answer

criteria,

Question 2

Closeout activities are typically among the highest priority activities in a project.

Accepted Answer

A) True 
 B)False

Question 3

Which of these is NOT a sign of pending IT project failure?

Accepted Answer

A)  Best practices and lessons learned are ignored. 
B)  Project managers don't understand users' needs. 
C)  Wireless technology is relied on too heavily. 
D)  Project changes are poorly managed. 
A)  Best practices and lessons learned are ignored. 
B)  Project managers don't understand users' needs. 
C)  Wireless technology is relied on too heavily. 
D)  Project changes are poorly managed.

Question 4

A classic early warning sign of project failure is the realization that a product being developed was targeting a market that few new products and firms were entering.

Accepted Answer

A) True 
 B)False

Question 5

What is the key to begin harvesting the benefits of a project? What are the major components of a meaningful project assessment system and how does an assessment system help the project organization?

Accepted Answer

The key to begin harvesting the benefits

Question 6

All projects are unique:

Accepted Answer

A)  therefore all project management circumstances are equally unique. 
B)  so knowledge cannot be transferred. 
C)  but they may have several common points. 
D)  so knowledge should not be transferred to avoid bias in future projects. 
A)  therefore all project management circumstances are equally unique. 
B)  so knowledge cannot be transferred. 
C)  but they may have several common points. 
D)  so knowledge should not be transferred to avoid bias in future projects.

Question 7

A project that is terminated by extinction is not completed successfully.

Accepted Answer

A) True 
 B)False

Question 8

A static factor that may lead to early termination for a project is:

Accepted Answer

A)  less capital availability. 
B)  high sunk costs. 
C)  intermittent rewards. 
D)  loss of the project champion. 
A)  less capital availability. 
B)  high sunk costs. 
C)  intermittent rewards. 
D)  loss of the project champion.

Question 9

The Microserf was in a blind panic; now that the latest version of the Bob operating system was ready for sale he would have to latch onto a new project team or face life on the mean streets of Redmond. This is indubitably an:

Accepted Answer

A)  emotional issue for the clients. 
B)  internal, intellectual issue. 
C)  emotional issue for the project team. 
D)  external, intellectual issue. 
A)  emotional issue for the clients. 
B)  internal, intellectual issue. 
C)  emotional issue for the project team. 
D)  external, intellectual issue.

Question 10

What are three different ways that a project can be handed over from the project organization to the client? Describe their differences.

Accepted Answer

Transferring the project to the intended

Question 11

The project contractor takes initial ownership of the project for a specified period under a(n) __________ contract.

Accepted Answer

The answer of The project contractor takes initial ownership of...

Question 12

A successful project that also creates a need for a change to organizational structure is probably terminated by:

Accepted Answer

A)  extinction. 
B)  integration. 
C)  starvation. 
D)  addition. 
A)  extinction. 
B)  integration. 
C)  starvation. 
D)  addition.

Question 13

Projects accumulate quantities of unused supplies and materials. It is imperative that an organization have a method for disposing of these materials when a project is terminated. This issue is:

Accepted Answer

A)  intellectual and internal. 
B)  intellectual and external. 
C)  emotional and of the project team. 
D)  emotional and of the client. 
A)  intellectual and internal. 
B)  intellectual and external. 
C)  emotional and of the project team. 
D)  emotional and of the client.

Question 14

Research clearly indicates that when team members have experienced positive psycho-social outcomes from a project:

Accepted Answer

A)  they are actually less likely to work collaboratively in the future. 
B)  they tend to fear future projects because they feel the law of averages will catch up with them. 
C)  their enthusiasm level wanes due to mental and physical exhaustion. 
D)  they are more likely to work collaboratively in the future. 
A)  they are actually less likely to work collaboratively in the future. 
B)  they tend to fear future projects because they feel the law of averages will catch up with them. 
C)  their enthusiasm level wanes due to mental and physical exhaustion. 
D)  they are more likely to work collaboratively in the future.

Question 15

A significant challenge during the finishing the work element of project closeout management is to:

Accepted Answer

A)  demonstrate viability of the project. 
B)  gain customer acceptance of the product. 
C)  maintain focus on the current project. 
D)  capitalize on new opportunities that arise from this project. 
A)  demonstrate viability of the project. 
B)  gain customer acceptance of the product. 
C)  maintain focus on the current project. 
D)  capitalize on new opportunities that arise from this project.

Question 16

Surveys on the early warning signs of project failure indicate that a red flag for failure is:

Accepted Answer

A)  the time to complete the project lengthens. 
B)  the lack of viable commercial objectives. 
C)  the political forces have turned against the project. 
D)  the benefits of the project won't be realized until the end. 
A)  the time to complete the project lengthens. 
B)  the lack of viable commercial objectives. 
C)  the political forces have turned against the project. 
D)  the benefits of the project won't be realized until the end.

Question 17

The rapid evolution of technology and the need to freeze a project's scope can combine to render a project:

Accepted Answer

A)  too costly to complete. 
B)  obsolete before it can be finished. 
C)  a poor fit with current company strategy. 
D)  so complex that it will take too long to complete. 
A)  too costly to complete. 
B)  obsolete before it can be finished. 
C)  a poor fit with current company strategy. 
D)  so complex that it will take too long to complete.

Question 18

Disbanding the project team should be:

Accepted Answer

A)  celebrated so there is motivation for future projects. 
B)  done in a highly structured manner. 
C)  done in a highly informal manner. 
D)  handled in an off-hand manner. 
A)  celebrated so there is motivation for future projects. 
B)  done in a highly structured manner. 
C)  done in a highly informal manner. 
D)  handled in an off-hand manner.

Question 19

It is important to fix the problem, not the __________ during a lesson-learned meeting.

Accepted Answer

The answer of It is important to fix the problem,...

Question 20

A behavioral issue that is crucial to maintaining the ongoing viability of a project is:

Accepted Answer

A)  worker commitment. 
B)  increasing importance to the firm. 
C)  financial impact to the company. 
D)  relatively minor technical problems. 
A)  worker commitment. 
B)  increasing importance to the firm. 
C)  financial impact to the company. 
D)  relatively minor technical problems.

At a minimum, a project assessment system should specify the , the , and the __.

Closeout activities are typically among the highest priority activities in a project.

Which of these is NOT a sign of pending IT project failure?

A classic early warning sign of project failure is the realization that a product being developed was targeting a market that few new products and firms were entering.

What is the key to begin harvesting the benefits of a project? What are the major components of a meaningful project assessment system and how does an assessment system help the project organization?

All projects are unique:

A project that is terminated by extinction is not completed successfully.

A static factor that may lead to early termination for a project is:

The Microserf was in a blind panic; now that the latest version of the Bob operating system was ready for sale he would have to latch onto a new project team or face life on the mean streets of Redmond. This is indubitably an:

What are three different ways that a project can be handed over from the project organization to the client? Describe their differences.

The project contractor takes initial ownership of the project for a specified period under a(n) __________ contract.

A successful project that also creates a need for a change to organizational structure is probably terminated by:

Projects accumulate quantities of unused supplies and materials. It is imperative that an organization have a method for disposing of these materials when a project is terminated. This issue is:

Research clearly indicates that when team members have experienced positive psycho-social outcomes from a project:

A significant challenge during the finishing the work element of project closeout management is to:

Surveys on the early warning signs of project failure indicate that a red flag for failure is:

The rapid evolution of technology and the need to freeze a project's scope can combine to render a project:

Disbanding the project team should be:

It is important to fix the problem, not the __________ during a lesson-learned meeting.

A behavioral issue that is crucial to maintaining the ongoing viability of a project is:

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

At a minimum, a project assessment system should specify the __________, the __________, and the __________.

Closeout activities are typically among the highest priority activities in a project.

Which of these is NOT a sign of pending IT project failure?

A classic early warning sign of project failure is the realization that a product being developed was targeting a market that few new products and firms were entering.

What is the key to begin harvesting the benefits of a project? What are the major components of a meaningful project assessment system and how does an assessment system help the project organization?

All projects are unique:

A project that is terminated by extinction is not completed successfully.

A static factor that may lead to early termination for a project is:

The Microserf was in a blind panic; now that the latest version of the Bob operating system was ready for sale he would have to latch onto a new project team or face life on the mean streets of Redmond. This is indubitably an:

What are three different ways that a project can be handed over from the project organization to the client? Describe their differences.

The project contractor takes initial ownership of the project for a specified period under a(n) __________ contract.

A successful project that also creates a need for a change to organizational structure is probably terminated by:

Projects accumulate quantities of unused supplies and materials. It is imperative that an organization have a method for disposing of these materials when a project is terminated. This issue is:

Research clearly indicates that when team members have experienced positive psycho-social outcomes from a project:

A significant challenge during the finishing the work element of project closeout management is to:

Surveys on the early warning signs of project failure indicate that a red flag for failure is:

The rapid evolution of technology and the need to freeze a project's scope can combine to render a project:

Disbanding the project team should be:

It is important to fix the problem, not the __________ during a lesson-learned meeting.

A behavioral issue that is crucial to maintaining the ongoing viability of a project is:

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

At a minimum, a project assessment system should specify the , the , and the __.