Exam 8: Closing Projects and Best Practices

Contracts are legally binding agreements.

Two tools to assist in contract closure are ____ audits and a records management system.

____________________ are incremental steps that lead to best practices.

A higher ____ level for an organization enhances overall project performance.

A(n)____________________ is a criterion used to determine whether the outcome associated with a capability exists,or the degree to which it exists.

A customer acceptance/project completion form should be completed and signed by the project manager.

To ____ a project,you must finalize all activities and transfer the completed or canceled work to the appropriate people.

According to OPM3,which of the following illustrates a best practice?

____________________ closure involves completion and settlement of contracts,and resolution of any open items.

Only the project manager should determine if all work required in each contract was completed correctly and satisfactorily.

Within each of the three larger categories,best practices are categorized by ____ stages of process improvement.

Assigning a project manager from operations to lead projects that affect operations is considered to be a best practice.

The Software Engineering Institute (SEI)is a federally funded research and development center established in ____ by the U.S.Department of Defense with a broad mandate to address the transition of software engineering technology.

Most projects produce results that are integrated into new organizational structures.

Project ____ are usually most interested in making sure that final products,services,or results are delivered on schedule and within budget.

Highlight several important features of the final project report for the Just-In-Time Training project.

The final process in project procurement management is closing the contract.

Examples of organizational ____ assets include policies and procedures,guidelines,information systems,financial systems,management systems,lessons learned,and historical information.

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

According to Robert Butrick,every project should be closed to make sure that all work ceases,that lessons are learned,and that remaining resources are released for other purposes.