Question 1

A research study on the critical success factors for projects found that an important determination of whether the project is successful is the element of:

Accepted Answer

A) Putting it all to bed. 
B) Reviewing how it all went. 
C) Disbanding the team. 
D) Gaining acceptance for the product. 
A) Putting it all to bed. 
B) Reviewing how it all went. 
C) Disbanding the team. 
D) Gaining acceptance for the product. D

Question 2

Arbitration refers to the formalized system for dealing with grievances and administering corrective justice to parties in a bargaining situation.

Accepted Answer

A) True 
 B)False  True

Question 3

All projects are unique:

Accepted Answer

A) Therefore all project management circumstances are equally unique. 
B) So knowledge cannot be transferred. 
C) But they may have several common points. 
D) So knowledge should not be transferred to avoid bias in future projects. 
A) Therefore all project management circumstances are equally unique. 
B) So knowledge cannot be transferred. 
C) But they may have several common points. 
D) So knowledge should not be transferred to avoid bias in future projects. C

Question 4

The project was over,so each worker went back to her usual assignment,taking with them the notebook they were issued when the project began.They never were sure whether the project had been successful or unsuccessful,but they could be positive that the project was terminated by:

Accepted Answer

A) Extinction. 
B) Addition. 
C) Integration. 
D) Starvation. 
A) Extinction. 
B) Addition. 
C) Integration. 
D) Starvation.

Question 5

It is a systematic error to attribute failures or mistakes to:

Accepted Answer

A) one-time occurrences. 
B) external causes. 
C) freak accidents. 
D) internal causes. 
A) one-time occurrences. 
B) external causes. 
C) freak accidents. 
D) internal causes.

Question 6

The key to begin harvesting the benefits of a project is to first develop an effective:

Accepted Answer

A) Client relationship with the project team. 
B) Measurement system for project use and value assessment. 
C) BOOT agreement that clearly stipulates when transfer of title occurs. 
D) Enterprise resource planning package to manage human,financial,and material resources. 
A) Client relationship with the project team. 
B) Measurement system for project use and value assessment. 
C) BOOT agreement that clearly stipulates when transfer of title occurs. 
D) Enterprise resource planning package to manage human,financial,and material resources.

Question 7

In non-binding arbitration:

Accepted Answer

A) The judge can offer suggestions for dispute resolution but cannot enforce these opinions. 
B) The two parties agree to open up,or unbind,their books for inspection by the other party. 
C) The client and project organizations both agree to perform exactly what the judge decrees. 
D) The client and project organizations are not bound by the rules of law. 
A) The judge can offer suggestions for dispute resolution but cannot enforce these opinions. 
B) The two parties agree to open up,or unbind,their books for inspection by the other party. 
C) The client and project organizations both agree to perform exactly what the judge decrees. 
D) The client and project organizations are not bound by the rules of law.

Question 8

An example of an external intellectual issue is:

Accepted Answer

A) The control of charges to the project. 
B) The screening of partially completed tasks. 
C) The identification of outstanding commitments. 
D) The determinants of requirements for audit trail data. 
A) The control of charges to the project. 
B) The screening of partially completed tasks. 
C) The identification of outstanding commitments. 
D) The determinants of requirements for audit trail data.

Question 9

Some of the greatest challenges facing project teams during termination is:

Accepted Answer

A) Maintaining the energy and motivation to finish. 
B) Providing accurate data for the project final report. 
C) Providing accurate root cause analysis for the project final report. 
D) Finding another project to begin. 
A) Maintaining the energy and motivation to finish. 
B) Providing accurate data for the project final report. 
C) Providing accurate root cause analysis for the project final report. 
D) Finding another project to begin.

Question 10

The build,operate,transfer option for projects requires the project contractor to take initial ownership of the project in order to make sure it works,thus mitigating risk in the short run.

Accepted Answer

A) True 
 B)False

Question 11

A successful project that also creates a need for a change to organizational structure is probably terminated by:

Accepted Answer

A) Extinction. 
B) Integration. 
C) Starvation. 
D) Addition. 
A) Extinction. 
B) Integration. 
C) Starvation. 
D) Addition.

Question 12

Termination by addition and termination by integration both represent successful project completion.

Accepted Answer

A) True 
 B)False

Question 13

What are any two common mistakes in a post-project lessons-learned meeting?

Accepted Answer

The author presents three common errors:

Question 14

Loss of team identity during project termination is a significant internal intellectual issue.

Accepted Answer

A) True 
 B)False

Question 15

An internal intellectual issue that arises when a project is terminated is:

Accepted Answer

A) Agreement with suppliers on outstanding commitments. 
B) Closing down facilities. 
C) Identification of remaining deliverables. 
D) Determinants of requirements for audit trail data. 
A) Agreement with suppliers on outstanding commitments. 
B) Closing down facilities. 
C) Identification of remaining deliverables. 
D) Determinants of requirements for audit trail data.

Question 16

Describe and rank any three decision rules for terminating an ongoing project before completion.

Accepted Answer

Answers will vary with students' ranking

Question 17

Which two types of project termination can occur for unsuccessful projects?

Accepted Answer

A) Integration and starvation 
B) Starvation and extinction 
C) Extinction and addition 
D) Addition and integration 
A) Integration and starvation 
B) Starvation and extinction 
C) Extinction and addition 
D) Addition and integration

Question 18

The BOT option for large projects is designed to:

Accepted Answer

A) Automate the payment process. 
B) Automate the closeout process. 
C) Keep the door open for new projects between the customer and project organization. 
D) Limit risk for the customer in the short run. 
A) Automate the payment process. 
B) Automate the closeout process. 
C) Keep the door open for new projects between the customer and project organization. 
D) Limit risk for the customer in the short run.

Question 19

The final items that are left to accomplish or correct at the end of a construction project are on the:

Accepted Answer

A) Punch list. 
B) Check list. 
C) Check sheet. 
D) Errata sheet. 
A) Punch list. 
B) Check list. 
C) Check sheet. 
D) Errata sheet.

Question 20

A mainframe computer company decided to enter the personal computer market with its Floridian Project,but subsequently decided to leave the market to focus on the mainframe business.The decision rule that they probably applied was to get out:

Accepted Answer

A) When the project no longer meets strategic fit criteria. 
B) When deadlines continue to be missed. 
C) When project personnel turn over too rapidly. 
D) When technology evolves beyond the project's scope. 
A) When the project no longer meets strategic fit criteria. 
B) When deadlines continue to be missed. 
C) When project personnel turn over too rapidly. 
D) When technology evolves beyond the project's scope.

A research study on the critical success factors for projects found that an important determination of whether the project is successful is the element of:

Arbitration refers to the formalized system for dealing with grievances and administering corrective justice to parties in a bargaining situation.

All projects are unique:

The project was over,so each worker went back to her usual assignment,taking with them the notebook they were issued when the project began.They never were sure whether the project had been successful or unsuccessful,but they could be positive that the project was terminated by:

It is a systematic error to attribute failures or mistakes to:

The key to begin harvesting the benefits of a project is to first develop an effective:

In non-binding arbitration:

An example of an external intellectual issue is:

Some of the greatest challenges facing project teams during termination is:

The build,operate,transfer option for projects requires the project contractor to take initial ownership of the project in order to make sure it works,thus mitigating risk in the short run.

A successful project that also creates a need for a change to organizational structure is probably terminated by:

Termination by addition and termination by integration both represent successful project completion.

What are any two common mistakes in a post-project lessons-learned meeting?

Loss of team identity during project termination is a significant internal intellectual issue.

An internal intellectual issue that arises when a project is terminated is:

Describe and rank any three decision rules for terminating an ongoing project before completion.

Which two types of project termination can occur for unsuccessful projects?

The BOT option for large projects is designed to:

The final items that are left to accomplish or correct at the end of a construction project are on the:

A mainframe computer company decided to enter the personal computer market with its Floridian Project,but subsequently decided to leave the market to focus on the mainframe business.The decision rule that they probably applied was to get out:

Introduction: Why Project Management

The Organizational Context: Strategy, Structure, and Culture

Project Selection and Portfolio Management

Leadership and the Project Manager

Scope Management

Project Team Building, Conflict, and Negotiation

Risk Management

Cost Estimation and Budgeting

Project Scheduling: Networks, Duration Estimation, and Critical Path

Project Scheduling: Lagging, Crashing, and Activity Networks

Advanced Topics in Planning and Scheduling: Agile and Critical Chain

Resource Management

Project Evaluation and Control

Filters

Exam 14: Project Closeout and Termination

A research study on the critical success factors for projects found that an important determination of whether the project is successful is the element of:

Arbitration refers to the formalized system for dealing with grievances and administering corrective justice to parties in a bargaining situation.

All projects are unique:

The project was over,so each worker went back to her usual assignment,taking with them the notebook they were issued when the project began.They never were sure whether the project had been successful or unsuccessful,but they could be positive that the project was terminated by:

It is a systematic error to attribute failures or mistakes to:

The key to begin harvesting the benefits of a project is to first develop an effective:

In non-binding arbitration:

An example of an external intellectual issue is:

Some of the greatest challenges facing project teams during termination is:

The build,operate,transfer option for projects requires the project contractor to take initial ownership of the project in order to make sure it works,thus mitigating risk in the short run.

A successful project that also creates a need for a change to organizational structure is probably terminated by:

Termination by addition and termination by integration both represent successful project completion.

What are any two common mistakes in a post-project lessons-learned meeting?

Loss of team identity during project termination is a significant internal intellectual issue.

An internal intellectual issue that arises when a project is terminated is:

Describe and rank any three decision rules for terminating an ongoing project before completion.

Which two types of project termination can occur for unsuccessful projects?

The BOT option for large projects is designed to:

The final items that are left to accomplish or correct at the end of a construction project are on the:

A mainframe computer company decided to enter the personal computer market with its Floridian Project,but subsequently decided to leave the market to focus on the mainframe business.The decision rule that they probably applied was to get out:

Introduction: Why Project Management

The Organizational Context: Strategy, Structure, and Culture

Project Selection and Portfolio Management

Leadership and the Project Manager

Scope Management

Project Team Building, Conflict, and Negotiation

Risk Management

Cost Estimation and Budgeting

Project Scheduling: Networks, Duration Estimation, and Critical Path

Project Scheduling: Lagging, Crashing, and Activity Networks

Advanced Topics in Planning and Scheduling: Agile and Critical Chain

Resource Management

Project Evaluation and Control

Filters