Exam 8: Evaluating and Terminating the Project
Exam 1: The World of Project Management65 Questions
Exam 2: The Manager, the Organization, and the Team60 Questions
Exam 3: Planning the Project56 Questions
Exam 4: Budgeting the Project61 Questions
Exam 5: Scheduling the Project67 Questions
Exam 6: Allocating Resources to the Project70 Questions
Exam 7: Monitoring and Controlling the Project68 Questions
Exam 8: Evaluating and Terminating the Project71 Questions
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Project termination should be treated as a mechanistic process.
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(True/False)
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Correct Answer:
False
Arquebus, a construction company, undertook a project to build an apartment building two years ago. However, the building's construction had to be halted due to legal issues surrounding the land it was built on. After a lengthy legal battle, Arquebus had to discontinue the project. In the context of project closure, this scenario exemplifies _____.
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(Multiple Choice)
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Correct Answer:
A
Naming the wrong project manager is a fundamental reason for project failure.
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(True/False)
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Correct Answer:
True
It is best for the project manager and project team to make the termination decision.
(True/False)
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Phillip, an auditor, is conducting a project audit for a company. To be effective, he needs to gather information regarding the project. He can accomplish this by:
(Multiple Choice)
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Which of the following is typically not included in the project final report?
(Multiple Choice)
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The way project termination is managed can impact the project's success.
(True/False)
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The project audit focuses its attention on the organization's management systems and operations.
(True/False)
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Albert, a project manager, completed a complex project. He then prepared a project final report for the purview of senior management. In a specific section of the report, he listed the management practices that worked well for the project and helped team members complete the project without any delay. Which of the following items did Albert address in this section?
(Multiple Choice)
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A general audit is usually constrained by time and cost and limited to a brief investigation of project essentials.
(True/False)
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Resocore, an event management company, decides to perform an audit for an ongoing project. The company is constrained by time and cost, and therefore limits the audit to a brief investigation of project essentials. In this scenario, Resocore most likely conducts a(n) _____.
(Multiple Choice)
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Poor up-front planning is a fundamental reason for project failure.
(True/False)
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Which of the following is not a typical step in a project audit?
(Multiple Choice)
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According to research, which of the following is not an important dimension of project success?
(Multiple Choice)
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Project evaluation appraises the performance of a project relative to the project's initial or revised plan.
(True/False)
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Which of the following is most closely associated with the output of a project becoming a standard part of the operating systems of the sponsoring firm or client?
(Multiple Choice)
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Termination-by-integration occurs when an "in-house" project is successfully completed and institutionalized as a new, formal part of the organization.
(True/False)
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