Question 1

Projects can also be terminated by the sponsor or customer because the project needs have changed.

Accepted Answer

A) True 
 B)False

Question 2

The project manager should schedule the post-project evaluation meeting with the customer or sponsor for a time when the customer is in a position to

Accepted Answer

A) pay all the expenses of the project to the contractor. 
B) really determine whether the project met expectations and achieved the anticipated benefits. 
C) solicit proposals for a new RFP. 
D) begin planning for future projects or opportunities for the contractor. 
A) pay all the expenses of the project to the contractor. 
B) really determine whether the project met expectations and achieved the anticipated benefits. 
C) solicit proposals for a new RFP. 
D) begin planning for future projects or opportunities for the contractor.

Question 3

The process of closing the project involves various actions, including

Accepted Answer

A) organising and archiving project documents. 
B) recording revision numbers in the names of documents. 
C) using techniques such as track changes to record document edits. 
D) creating a file structure to save and organise project documents. 
A) organising and archiving project documents. 
B) recording revision numbers in the names of documents. 
C) using techniques such as track changes to record document edits. 
D) creating a file structure to save and organise project documents.

Question 4

Projects can also be terminated by the sponsor or customer.

Accepted Answer

A) True 
 B)False

Question 5

Participants of should include the project manager, key project team members, and key representatives of the customer's organisation who were involved with the project.

Accepted Answer

A) a post-project evaluation meeting with the customer or sponsor 
B) a project progress meeting with project stakeholders 
C) an analysis session with the project team 
D) a pre-RFP meeting with the customer 
A) a post-project evaluation meeting with the customer or sponsor 
B) a project progress meeting with project stakeholders 
C) an analysis session with the project team 
D) a pre-RFP meeting with the customer

Question 6

Successful projects should end with some type of

Accepted Answer

A) recognition and celebration. 
B) criticism review. 
C) list of all the problems in the project. 
D) letter to all the stakeholders about what went wrong. 
A) recognition and celebration. 
B) criticism review. 
C) list of all the problems in the project. 
D) letter to all the stakeholders about what went wrong.

Question 7

Projects can also be terminated by the sponsor or customer due to satisfaction with the project progress.

Accepted Answer

A) True 
 B)False

Question 8

Projects can also be terminated by the sponsor or customer due to a project return on investment increase.

Accepted Answer

A) True 
 B)False

Question 9

The project organisation should establish a that includes an easily accessible repository that encourages project managers and teams to retrieve lessons learnt and information from previous projects.

Accepted Answer

A) document storage routine 
B) file structure 
C) knowledge base system 
D) revision process 
A) document storage routine 
B) file structure 
C) knowledge base system 
D) revision process

Question 10

The purposes of should be to determine whether the project provided the customer with the expected benefits, assess the level of customer satisfaction, and obtain any feedback that would be helpful in future business relationships with this customer or with other customers.

Accepted Answer

A) a post-project evaluation meeting with the customer or sponsor 
B) a project progress meeting with project stakeholders 
C) an analysis session with the project team 
D) a pre-RFP meeting with the customer 
A) a post-project evaluation meeting with the customer or sponsor 
B) a project progress meeting with project stakeholders 
C) an analysis session with the project team 
D) a pre-RFP meeting with the customer

Question 11

The process of closing the project involves various actions, including

Accepted Answer

A) using lessons learnt from prior projects. 
B) documenting lessons learnt. 
C) researching lessons learnt in the knowledge base. 
D) identifying the similarities of this project to other projects for planning. 
A) using lessons learnt from prior projects. 
B) documenting lessons learnt. 
C) researching lessons learnt in the knowledge base. 
D) identifying the similarities of this project to other projects for planning.

Question 12

The project manager should prepare a written performance evaluation of each member of the project team that mentions how each has

Accepted Answer

A) made mistakes in the problem and how much that mistake cost the organisation. 
B) expanded her or his knowledge as a result of the project assignment and identifies areas she or he needs to develop further. 
C) interacted with other team members, especially where conflict has caused problems for reaching the final goals of the project. 
D) contributed to the project with a list of activities and the time on each and an analysis of what was done Incorrectly on each activity. 
A) made mistakes in the problem and how much that mistake cost the organisation. 
B) expanded her or his knowledge as a result of the project assignment and identifies areas she or he needs to develop further. 
C) interacted with other team members, especially where conflict has caused problems for reaching the final goals of the project. 
D) contributed to the project with a list of activities and the time on each and an analysis of what was done Incorrectly on each activity.

Question 13

Once all payments have been received and made, the project 'books', or accounting records, can be closed, and a financial analysis of the project can be made in which final actual costs are compared to

Accepted Answer

A) the FCAC calculations made. 
B) the project baseline budget. 
C) the actual value of the project. 
D) amounts paid to suppliers. 
A) the FCAC calculations made. 
B) the project baseline budget. 
C) the actual value of the project. 
D) amounts paid to suppliers.

Question 14

As part of, or in addition to, the documents in the archive, it can be valuable to create a database of common data elements from past projects in order to analyse and determine if there are trends or correlations that could be helpful in bidding, planning, and/or performing future projects.

Accepted Answer

A) True 
 B)False

Question 15

During the , review and evaluate performance of the project and identify what can be done to improve performance on future projects.

Accepted Answer

A) evaluating phase 
B) controlling phase 
C) performing phase 
D) closing phase 
A) evaluating phase 
B) controlling phase 
C) performing phase 
D) closing phase

Question 16

During the , the project team or contractor should ensure that copies of appropriate project documentation are properly organised, filed, and archived so that they can be readily retrieved for future use.

Accepted Answer

A) evaluating the project phase 
B) controlling the project phase 
C) performing the project phase 
D) closing the project phase 
A) evaluating the project phase 
B) controlling the project phase 
C) performing the project phase 
D) closing the project phase

Question 17

A financial related activity that must be performed during the closing phase is assuring that

Accepted Answer

A) total budgeted costs are calculated. 
B) the quarterly payments are invoiced. 
C) the personnel responsible for financial work is identified. 
D) all payments have been collected from the customer. 
A) total budgeted costs are calculated. 
B) the quarterly payments are invoiced. 
C) the personnel responsible for financial work is identified. 
D) all payments have been collected from the customer.

Question 18

Lessons learnt could be helpful in bidding, planning, and/or performing future projects.

Accepted Answer

A) True 
 B)False

Question 19

The fourth and final phase of the project life cycle is

Accepted Answer

A) evaluating the project. 
B) controlling the project. 
C) performing the project. 
D) closing the project. 
A) evaluating the project. 
B) controlling the project. 
C) performing the project. 
D) closing the project.

Question 20

Why should the project organisation establish a knowledge base system for the organisation?

Accepted Answer

The project organisation should establis

Projects can also be terminated by the sponsor or customer because the project needs have changed.

The project manager should schedule the post-project evaluation meeting with the customer or sponsor for a time when the customer is in a position to

The process of closing the project involves various actions, including

Projects can also be terminated by the sponsor or customer.

Participants of should include the project manager, key project team members, and key representatives of the customer's organisation who were involved with the project.

Successful projects should end with some type of

Projects can also be terminated by the sponsor or customer due to satisfaction with the project progress.

Projects can also be terminated by the sponsor or customer due to a project return on investment increase.

The project organisation should establish a that includes an easily accessible repository that encourages project managers and teams to retrieve lessons learnt and information from previous projects.

The purposes of should be to determine whether the project provided the customer with the expected benefits, assess the level of customer satisfaction, and obtain any feedback that would be helpful in future business relationships with this customer or with other customers.

The process of closing the project involves various actions, including

The project manager should prepare a written performance evaluation of each member of the project team that mentions how each has

Once all payments have been received and made, the project 'books', or accounting records, can be closed, and a financial analysis of the project can be made in which final actual costs are compared to

As part of, or in addition to, the documents in the archive, it can be valuable to create a database of common data elements from past projects in order to analyse and determine if there are trends or correlations that could be helpful in bidding, planning, and/or performing future projects.

During the , review and evaluate performance of the project and identify what can be done to improve performance on future projects.

During the , the project team or contractor should ensure that copies of appropriate project documentation are properly organised, filed, and archived so that they can be readily retrieved for future use.

A financial related activity that must be performed during the closing phase is assuring that

Lessons learnt could be helpful in bidding, planning, and/or performing future projects.

The fourth and final phase of the project life cycle is

Why should the project organisation establish a knowledge base system for the organisation?

Project Management Concepts

Identifying and Selecting Projects

Developing Project Proposals

Defining Scope, Quality, Responsibility and Activity Sequence

Developing the Schedule

Resource Utilisation

Determining Costs, Budget and Earned Value

Managing Risk

The Project Manager

The Project Team

Project Communication and Documentation

Project Management Organisational Structures

Filters

Exam 9: Closing the Project

Projects can also be terminated by the sponsor or customer because the project needs have changed.

The project manager should schedule the post-project evaluation meeting with the customer or sponsor for a time when the customer is in a position to

The process of closing the project involves various actions, including

Projects can also be terminated by the sponsor or customer.

Participants of should include the project manager, key project team members, and key representatives of the customer's organisation who were involved with the project.

Successful projects should end with some type of

Projects can also be terminated by the sponsor or customer due to satisfaction with the project progress.

Projects can also be terminated by the sponsor or customer due to a project return on investment increase.

The project organisation should establish a that includes an easily accessible repository that encourages project managers and teams to retrieve lessons learnt and information from previous projects.

The purposes of should be to determine whether the project provided the customer with the expected benefits, assess the level of customer satisfaction, and obtain any feedback that would be helpful in future business relationships with this customer or with other customers.

The process of closing the project involves various actions, including

The project manager should prepare a written performance evaluation of each member of the project team that mentions how each has

Once all payments have been received and made, the project 'books', or accounting records, can be closed, and a financial analysis of the project can be made in which final actual costs are compared to

As part of, or in addition to, the documents in the archive, it can be valuable to create a database of common data elements from past projects in order to analyse and determine if there are trends or correlations that could be helpful in bidding, planning, and/or performing future projects.

During the , review and evaluate performance of the project and identify what can be done to improve performance on future projects.

During the , the project team or contractor should ensure that copies of appropriate project documentation are properly organised, filed, and archived so that they can be readily retrieved for future use.

A financial related activity that must be performed during the closing phase is assuring that

Lessons learnt could be helpful in bidding, planning, and/or performing future projects.

The fourth and final phase of the project life cycle is

Why should the project organisation establish a knowledge base system for the organisation?

Project Management Concepts

Identifying and Selecting Projects

Developing Project Proposals

Defining Scope, Quality, Responsibility and Activity Sequence

Developing the Schedule

Resource Utilisation

Determining Costs, Budget and Earned Value

Managing Risk

The Project Manager

The Project Team

Project Communication and Documentation

Project Management Organisational Structures

Filters