Exam 14: Project Closeout and Termination

The difference between a BOT contract and a BOOT contract is that under the BOOT contract:

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.

The emeritus physics professor taught at the university for forty years and had built quite a following in the community and an enviable LinkedIn network of alumni donors. The university was loath to ask him to retire, so they set up a lab where he could pursue his two passions, a perpetual motion machine and cold fusion, either of which would solve the world's energy problems. As the years passed, the budget was held constant and suffered due to the rise in prices for perpetual motion machine parts. Cold fusion material certainly wasn't getting any cheaper either, and it was evident to all the other physicists that the project was subjected to termination by:

Arbitration refers to the formalized system for dealing with grievances and administering corrective justice to parties in a bargaining situation.

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

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?

The project was over, so each worker went back to her usual assignment, taking with them the notebook they were issued when the project began. They never were sure whether the project had been successful or unsuccessful, but they could be positive that the project was terminated by:

The goal in requiring a final project report is to lay the groundwork for successful future projects.

A classic statement regarding project termination and closeout is, "The termination of a project is:

What can a project organization do to increase the likelihood of acceptance for the final product of the project?

It has been said that the act of terminating of a project is a project in itself. Explain why you agree or disagree with this statement.

The final report should include an assessment of the effectiveness of the project team, not only in terms of actual performance on the project, but also with regard to:

Some of the greatest challenges facing project teams during termination is:

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

The goal of a lessons-learned meeting is to recapitulate the series of events:

Sketch the Seven Elements of Project Closeout Management model and discuss what takes place at each step.

An ex-gratia claim made when a project is closed down is made when:

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?

What are any two common mistakes in a post-project lessons-learned meeting?

An important guideline to follow in a lessons-learned meeting is to: