Exam 8: Evaluating and Terminating the Project

Which of the following was not a major section listed in the text for the audit report?

A discussion of the potential for project failure and monetary loss should be included in the audit report.

The way project termination is managed can impact the project's success.

The project final report is a history of the project.

What content should be included in the audit report?

The project audit focuses its attention on the organization's management systems and operations.

The general audit is usually performed by a person or team with special technical skills.

Which of the following is not a type of project termination mentioned in the text?

Early project audits usually focus on the project's budget and schedule.

According to research, which of the following is not an important dimension of project success?

Describe what type of information would be in the critical management issues section of the audit report?

The timing of an audit depends on the purpose of the audit.

In which of the following project states is the value of the project audit of rather limited usefulness?

Which of the following is concerned with appraising a project relative to its initial or revised plan?

Project audits are typically very useful at the master schedule project state.

What are the steps in a project audit?

Later project audits are typically of less value to the project team and of more interest to general management.

List several key items to consider for project evaluation report recommendations.

Termination-by-integration occurs when an "in-house" project is successfully completed and institutionalized as a new, formal part of the organization.

Organizational structure should be addressed in the project final report.