Exam 12: Managing Project Control and Closure

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Blowing the whistle is encouraged in most companies.

(True/False)
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A cost control method for examining project cost performance over time to determine whether performance is improving or deteriorating is:

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The results of the perform quality control process can also lead to new change requests.

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_________is the process of setting procedures and rules in place for controlling changes to the project schedule.

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The budgeted amount for the work actually completed on the activity during a given time period is referred to as:

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The estimated cost at completion is calculated by dividing the CPI by the BAC.

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The _________is calculated by dividing the BAC by the CPI.

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When management ignores negative information, being reluctant to hear the whistle, this is know as deaf effect.

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The cost baseline is a time- phased budget that is used to measure and monitor cost performance.

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Project closure is the final implementation and training related to the project, getting acceptance and _________on the project, and archiving of the project's results.

(Short Answer)
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_________are requested changes that were not chosen for implementation.

(Short Answer)
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_________is the final implementation and training related to the project, getting acceptance and signoff on the project, and archiving of the project's results.

(Multiple Choice)
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_________is the management style the manager employs in following a plan and dealing with problems or changes in the plan.

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What is project closure and why is it important?

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Reluctance to hear bad news communicated from lower levels of the organizational hierarchy is referred to as:

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Pareto's law states that 80% of the causes are the reason for 20% of the problems.

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The_________ is a time- phased budget that is used to measure and monitor cost performance.

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Outsourcing of_________ to a third party from outside the organization can help reduce the political consequences of whistle blowing.

(Short Answer)
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In earned value management, all indexes should be below 100%.

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For_________ projects, the laid- back philosophy of project control may be most appropriate.

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