Exam 8: Closing Projects and Best Practices

Every project should have procedures to guide closure.

Organizations should strive to improve all their business processes,including procurement management.

The ____________________ Baseline Study provides a comprehensive overview of project management practices in organizations and industries worldwide,with over 600 participants.

The last task in project integration management is ____________________ the project.

____________________ closure procedures should define the approval process for all project deliverables.

Outputs from ____ closure include updates to organizational process assets and closed contracts.

____ audits are often performed during contract closure to identify lessons learned in the entire procurement process.

Which of the following is a category under project best practices?

OPM3 defines ____________________ project management as "the systematic management of projects,programs,and portfolios in alignment with the achievement of strategic goals."

A(n)____________________ model is a framework for helping organizations improve their processes and systems.

Describe the process and importance of closing projects.

To prevent problems and improve project management,many people are attempting to discover and use best practices,such as developing more realistic estimates and forecasts.

____ are the results of applying capabilities.

OPM3 is a standard developed to provide a way for organizations to measure their organizational project management maturity against a comprehensive set of best practices.

When developing a ____ plan,the project team should work with managers in affected operating departments,and the contents of the plan should be tailored to fit the support needs of the project.

Best practices are organized into three levels: project,program,and ____.

The contract itself should exclude requirements for formal acceptance and closure.

According to Robert Butrick,you should only engage stakeholders in the last stage of a project.

Closing projects involves gaining ____ acceptance of the final products and services,and bringing the project to an orderly end.

A(n)____ management system provides the ability to easily organize,find,and archive procurement-related documents.