Question 1

Which of the following is typically not included in the project final report?

Accepted Answer

A)  administrative performance 
B)  project performance 
C)  organizational structure 
D)  project teamwork 
E)  risk analysis and risk management 
A)  administrative performance 
B)  project performance 
C)  organizational structure 
D)  project teamwork 
E)  risk analysis and risk management

Question 2

Which of the following was not mentioned in the text as a valuable source of information for a project audit?

Accepted Answer

A)  the project's Request for Proposal 
B)  minutes from the project selection committee 
C)  benchmark data from other similar projects 
D)  minutes of senior management committees that initiated the project 
E)  All of the above were mentioned in the text as valuable sources of information for a project audit. 
A)  the project's Request for Proposal 
B)  minutes from the project selection committee 
C)  benchmark data from other similar projects 
D)  minutes of senior management committees that initiated the project 
E)  All of the above were mentioned in the text as valuable sources of information for a project audit.

Question 3

The formal audit is a special type of project evaluation.

Accepted Answer

A) True 
 B)False

Question 4

Project evaluation is an appraisal for use by top management.

Accepted Answer

A) True 
 B)False

Question 5

Project termination should be treated as a mechanistic process.

Accepted Answer

A) True 
 B)False

Question 6

A data collection form to support a project audit would include data from all the following categories except

Accepted Answer

A)  financial data 
B)  technical data 
C)  managerial data 
D)  risk management data 
E)  All of the above categories would be included in the data collection form. 
A)  financial data 
B)  technical data 
C)  managerial data 
D)  risk management data 
E)  All of the above categories would be included in the data collection form.

Question 7

The original criteria for selecting and funding the project are largely irrelevant for project evaluation.

Accepted Answer

A) True 
 B)False

Question 8

The request for proposal may contain valuable information for a project audit.

Accepted Answer

A) True 
 B)False

Question 9

A special type of project termination characterized by its unexpected suddenness and initiated by events such as forced retirement of the projects champion or the merger of the firm conducting the project with another firm is referred to as termination by "murder'".

Accepted Answer

A) True 
 B)False

Question 10

Project evaluation should not be limited to an after-the-fact analysis.

Accepted Answer

A) True 
 B)False

Question 11

According to the text, which of the following is not an item to consider for project evaluation report recommendations?

Accepted Answer

A)  communication with the client and senior management 
B)  locating opportunities for technological advances 
C)  locating opportunities to crash the project 
D)  improving the project-management process 
E)  improving the organization's used of projects 
A)  communication with the client and senior management 
B)  locating opportunities for technological advances 
C)  locating opportunities to crash the project 
D)  improving the project-management process 
E)  improving the organization's used of projects

Question 12

What kind of measurement models can we a PM use to measure the projects performance against a planned budget?

Accepted Answer

Project Managers (PMs) have a variety of

Question 13

Poor up-front planning is a fundamental reason for project failure.

Accepted Answer

A) True 
 B)False

Question 14

It is best for the project manager and project team to make the termination decision.

Accepted Answer

A) True 
 B)False

Question 15

Which of the following is not a typical step in a project audit?

Accepted Answer

A)  familiarize the audit team with the requirements of the project 
B)  collect benchmark data from other similar projects 
C)  audit the project on-site 
D)  write-up the audit report in the required format 
E)  distribute the report 
A)  familiarize the audit team with the requirements of the project 
B)  collect benchmark data from other similar projects 
C)  audit the project on-site 
D)  write-up the audit report in the required format 
E)  distribute the report

Question 16

Measuring a project's success on budget, schedule, and performance is typically more complicated than measuring revenues or qualitative, subjective factors.

Accepted Answer

A) True 
 B)False

Question 17

Four fundamental reasons for project failure include all of the following except;

Accepted Answer

A)  Project was not required for this task in the first place 
B)  Insufficient support form senior management 
C)  Insufficient funds 
D)  Poor up-front funding 
E)  Naming the wrong project manager 
A)  Project was not required for this task in the first place 
B)  Insufficient support form senior management 
C)  Insufficient funds 
D)  Poor up-front funding 
E)  Naming the wrong project manager

Question 18

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?

Accepted Answer

A)  termination-by-addition 
B)  termination-by-extinction 
C)  termination-by-integration 
D)  termination-by-starvation 
E)  termination-by-elimination 
A)  termination-by-addition 
B)  termination-by-extinction 
C)  termination-by-integration 
D)  termination-by-starvation 
E)  termination-by-elimination

Question 19

What criteria should be included in evaluating a project?

Accepted Answer

The answer of What criteria should be included in evaluating...

Question 20

The project audit is typically broader than the traditional management audit.

Accepted Answer

A) True 
 B)False

Which of the following is typically not included in the project final report?

Which of the following was not mentioned in the text as a valuable source of information for a project audit?

The formal audit is a special type of project evaluation.

Project evaluation is an appraisal for use by top management.

Project termination should be treated as a mechanistic process.

A data collection form to support a project audit would include data from all the following categories except

The original criteria for selecting and funding the project are largely irrelevant for project evaluation.

The request for proposal may contain valuable information for a project audit.

A special type of project termination characterized by its unexpected suddenness and initiated by events such as forced retirement of the projects champion or the merger of the firm conducting the project with another firm is referred to as termination by "murder'".

Project evaluation should not be limited to an after-the-fact analysis.

According to the text, which of the following is not an item to consider for project evaluation report recommendations?

What kind of measurement models can we a PM use to measure the projects performance against a planned budget?

Poor up-front planning is a fundamental reason for project failure.

It is best for the project manager and project team to make the termination decision.

Which of the following is not a typical step in a project audit?

Measuring a project's success on budget, schedule, and performance is typically more complicated than measuring revenues or qualitative, subjective factors.

Four fundamental reasons for project failure include all of the following except;

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?

What criteria should be included in evaluating a project?

The project audit is typically broader than the traditional management audit.

The World of Project Management

The Manager, the Organization, and the Team

Planning the Project

Budgeting the Project

Scheduling the Project

Allocating Resources to the Project

Monitoring and Controlling the Project

Filters

Exam 8: Evaluating and Terminating the Project

Which of the following is typically not included in the project final report?

Which of the following was not mentioned in the text as a valuable source of information for a project audit?

The formal audit is a special type of project evaluation.

Project evaluation is an appraisal for use by top management.

Project termination should be treated as a mechanistic process.

A data collection form to support a project audit would include data from all the following categories except

The original criteria for selecting and funding the project are largely irrelevant for project evaluation.

The request for proposal may contain valuable information for a project audit.

A special type of project termination characterized by its unexpected suddenness and initiated by events such as forced retirement of the projects champion or the merger of the firm conducting the project with another firm is referred to as termination by "murder'".

Project evaluation should not be limited to an after-the-fact analysis.

According to the text, which of the following is not an item to consider for project evaluation report recommendations?

What kind of measurement models can we a PM use to measure the projects performance against a planned budget?

Poor up-front planning is a fundamental reason for project failure.

It is best for the project manager and project team to make the termination decision.

Which of the following is not a typical step in a project audit?

Measuring a project's success on budget, schedule, and performance is typically more complicated than measuring revenues or qualitative, subjective factors.

Four fundamental reasons for project failure include all of the following except;

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?

What criteria should be included in evaluating a project?

The project audit is typically broader than the traditional management audit.

The World of Project Management

The Manager, the Organization, and the Team

Planning the Project

Budgeting the Project

Scheduling the Project

Allocating Resources to the Project

Monitoring and Controlling the Project

Filters