Exam 8: Evaluating and Terminating the Project

Project evaluation appraises the performance of a project relative to the project's initial or revised plan.

Contrast termination-by-addition with termination-by-integration.

According to research, future potential is an important dimension of project success.

What issues should be addressed in the project final report?

Briefly describe and contrast general audits, detailed audits, and technical audits.

Briefly describe the value of project audits for alternative project states.

A general audit is usually constrained by time and cost and limited to a brief investigation of project essentials.

Which of the following information should not be contained in an audit report?

The primary purpose of project evaluation is to given feedback to senior management for decision and control purposes.

Explain when projects should be terminated

The four important dimensions for measuring project success include the following except…

What are the main duties of the termination manager?

Describe what type of information would be in the risk analysis and risk management section of the audit report?

Briefly describe the four types of project termination.

Naming the wrong project manager is a fundamental reason for project failure.

The term evaluate means to set the value or appraise.

What is the difference between financial audits and project audits?

It is generally advisable to have the project manager serve as the termination manager.

According to the text, which of the following is not a common level of depth for an audit.

Project evaluation should be limited to an after-the fact analysis.