Question 1

It has been said that the act of terminating of a project is a project in itself.Explain why you agree or disagree with this statement.

Accepted Answer

This statement suggests that the degree

Question 2

The project review session was one epiphany after another for the project organization.A number of systematic errors were properly identified and the root causes of a number of problems were identified.Sadly,the review session was not leveraged to its fullest extent thanks to:

Accepted Answer

A) The disbanding of the project team. 
B) Failure to enforce the archiving of this knowledge. 
C) A restrictive BOOT contract. 
D) A liberal BOT contract. 
A) The disbanding of the project team. 
B) Failure to enforce the archiving of this knowledge. 
C) A restrictive BOOT contract. 
D) A liberal BOT contract.

Question 3

When contractual claims are defaulted due to the failure of a project to be completed and delivered:

Accepted Answer

A) The client firm should file an ex-gratia claim. 
B) The client firm may have some legal claim to punitive damages. 
C) The project firm should file an ex-gratia claim. 
D) The project firm may have some legal claim to recovery. 
A) The client firm should file an ex-gratia claim. 
B) The client firm may have some legal claim to punitive damages. 
C) The project firm should file an ex-gratia claim. 
D) The project firm may have some legal claim to recovery.

Question 4

Which of these factors weighs heavily in the decision to terminate a project?

Accepted Answer

A) Inability to protect results 
B) Increased market receptiveness 
C) Meeting project cost milestones 
D) Low probability of return on investment 
A) Inability to protect results 
B) Increased market receptiveness 
C) Meeting project cost milestones 
D) Low probability of return on investment

Question 5

What are the two types of claims that can arise in the event of project closure and why would one be chosen over another?

Accepted Answer

There are two common types of claims tha

Question 6

A final report section on the techniques of project management would include an honest assessment of whether the:

Accepted Answer

A) Benefits promised to the client were actually delivered. 
B) Resource costs could be better estimated. 
C) Project workers came together as a team. 
D) The project finished on time. 
A) Benefits promised to the client were actually delivered. 
B) Resource costs could be better estimated. 
C) Project workers came together as a team. 
D) The project finished on time.

Question 7

Many times,clients will shift new people into the project who have no experience with it as they move their key people to new challenges.This issue is:

Accepted Answer

A) An emotional one for the project team. 
B) An emotional one for the clients. 
C) One that is internal and intellectual. 
D) One that is external and intellectual. 
A) An emotional one for the project team. 
B) An emotional one for the clients. 
C) One that is internal and intellectual. 
D) One that is external and intellectual.

Question 8

The PFI arrangement in the United Kingdom for projects is an acronym for:

Accepted Answer

A) Project Failure Insurance. 
B) Profiterole Filling Inclusion. 
C) Private Finance Initiative. 
D) Primary Figure Investment. 
A) Project Failure Insurance. 
B) Profiterole Filling Inclusion. 
C) Private Finance Initiative. 
D) Primary Figure Investment.

Question 9

A classic early warning sign of project failure is the realization that a product being developed was targeting a market that few new products and firms were entering.

Accepted Answer

A) True 
 B)False

Question 10

A classic statement regarding project termination and closeout is,"The termination of a project is:

Accepted Answer

A) The start of the next project." 
B) A project." 
C) Never ending." 
D) An opportunity." 
A) The start of the next project." 
B) A project." 
C) Never ending." 
D) An opportunity."

Question 11

The goal in requiring a final project report is to lay the groundwork for successful future projects.

Accepted Answer

A) True 
 B)False

Question 12

What are the keys to begin harvesting the benefits of a project? What are the major components of a meaningful project assessment system and how does an assessment system help the project organization?

Accepted Answer

The key to begin harvesting the benefits

Question 13

An important guideline to follow in a lessons-learned meeting is to:

Accepted Answer

A) Make sure to properly assign blame for all that went wrong. 
B) Make sure that events receive necessary spin. 
C) Fix the problems. 
D) Describe occurrences as subjectively as possible. 
A) Make sure to properly assign blame for all that went wrong. 
B) Make sure that events receive necessary spin. 
C) Fix the problems. 
D) Describe occurrences as subjectively as possible.

Question 14

What is a lessons-learned meeting with regards to project management? Describe the benefits and behaviors of such a meeting.

Accepted Answer

A lessons-learned meeting is a post-proj

Question 15

When a project is shut down,the project team must ensure that all relevant stakeholders are clearly aware of the project shut down,including the date by which all activities will cease.This is an:

Accepted Answer

A) Intellectual and internal issue. 
B) Emotional issue of the project team. 
C) Emotional issue of the clients. 
D) Intellectual and external issue. 
A) Intellectual and internal issue. 
B) Emotional issue of the project team. 
C) Emotional issue of the clients. 
D) Intellectual and external issue.

Question 16

Research clearly indicates that when team members have experienced positive psychosocial outcomes from a project:

Accepted Answer

A) They are actually less likely to work collaboratively in the future. 
B) They tend to fear future projects because they feel the law of averages will catch up with them. 
C) Their enthusiasm level wanes due to mental and physical exhaustion. 
D) They are more likely to work collaboratively in the future. 
A) They are actually less likely to work collaboratively in the future. 
B) They tend to fear future projects because they feel the law of averages will catch up with them. 
C) Their enthusiasm level wanes due to mental and physical exhaustion. 
D) They are more likely to work collaboratively in the future.

Question 17

The difference between a BOT contract and a BOOT contract is that under the BOOT contract:

Accepted Answer

A) The customer must observe all phases of the project process before the product is handed over. 
B) The project organization is obligated to complete the project on time. 
C) The project organization must take initial ownership of the product. 
D) The customer must organize the project's resources for the project organization. 
A) The customer must observe all phases of the project process before the product is handed over. 
B) The project organization is obligated to complete the project on time. 
C) The project organization must take initial ownership of the product. 
D) The customer must organize the project's resources for the project organization.

Question 18

Once the project was successfully concluded,the team members returned to their roles in the organization,occasionally congregating at the water cooler to relive their halcyon days of yore.No one could argue that their project was:

Accepted Answer

A) Terminated by extinction. 
B) Terminated by addition. 
C) Terminated by integration. 
D) Terminated by starvation. 
A) Terminated by extinction. 
B) Terminated by addition. 
C) Terminated by integration. 
D) Terminated by starvation.

Question 19

Of the project closeout management steps listed,the last is to:

Accepted Answer

A) Hand over the project. 
B) Finish the work. 
C) Gain acceptance for the product. 
D) Review how it all went. 
A) Hand over the project. 
B) Finish the work. 
C) Gain acceptance for the product. 
D) Review how it all went.

Question 20

The goal of a lessons-learned meeting is to recapitulate the series of events:

Accepted Answer

A) As subjectively as possible. 
B) From the project manager's viewpoint. 
C) As intuitively as possible. 
D) From all possible viewpoints. 
A) As subjectively as possible. 
B) From the project manager's viewpoint. 
C) As intuitively as possible. 
D) From all possible viewpoints.

It has been said that the act of terminating of a project is a project in itself.Explain why you agree or disagree with this statement.

The project review session was one epiphany after another for the project organization.A number of systematic errors were properly identified and the root causes of a number of problems were identified.Sadly,the review session was not leveraged to its fullest extent thanks to:

When contractual claims are defaulted due to the failure of a project to be completed and delivered:

Which of these factors weighs heavily in the decision to terminate a project?

What are the two types of claims that can arise in the event of project closure and why would one be chosen over another?

A final report section on the techniques of project management would include an honest assessment of whether the:

Many times,clients will shift new people into the project who have no experience with it as they move their key people to new challenges.This issue is:

The PFI arrangement in the United Kingdom for projects is an acronym for:

A classic early warning sign of project failure is the realization that a product being developed was targeting a market that few new products and firms were entering.

A classic statement regarding project termination and closeout is,"The termination of a project is:

The goal in requiring a final project report is to lay the groundwork for successful future projects.

What are the keys to begin harvesting the benefits of a project? What are the major components of a meaningful project assessment system and how does an assessment system help the project organization?

An important guideline to follow in a lessons-learned meeting is to:

What is a lessons-learned meeting with regards to project management? Describe the benefits and behaviors of such a meeting.

When a project is shut down,the project team must ensure that all relevant stakeholders are clearly aware of the project shut down,including the date by which all activities will cease.This is an:

Research clearly indicates that when team members have experienced positive psychosocial outcomes from a project:

The difference between a BOT contract and a BOOT contract is that under the BOOT contract:

Once the project was successfully concluded,the team members returned to their roles in the organization,occasionally congregating at the water cooler to relive their halcyon days of yore.No one could argue that their project was:

Of the project closeout management steps listed,the last is to:

The goal of a lessons-learned meeting is to recapitulate the series of events:

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

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Exam 14: Project Closeout and Termination

It has been said that the act of terminating of a project is a project in itself.Explain why you agree or disagree with this statement.

The project review session was one epiphany after another for the project organization.A number of systematic errors were properly identified and the root causes of a number of problems were identified.Sadly,the review session was not leveraged to its fullest extent thanks to:

When contractual claims are defaulted due to the failure of a project to be completed and delivered:

Which of these factors weighs heavily in the decision to terminate a project?

What are the two types of claims that can arise in the event of project closure and why would one be chosen over another?

A final report section on the techniques of project management would include an honest assessment of whether the:

Many times,clients will shift new people into the project who have no experience with it as they move their key people to new challenges.This issue is:

The PFI arrangement in the United Kingdom for projects is an acronym for:

A classic early warning sign of project failure is the realization that a product being developed was targeting a market that few new products and firms were entering.

A classic statement regarding project termination and closeout is,"The termination of a project is:

The goal in requiring a final project report is to lay the groundwork for successful future projects.

What are the keys to begin harvesting the benefits of a project? What are the major components of a meaningful project assessment system and how does an assessment system help the project organization?

An important guideline to follow in a lessons-learned meeting is to:

What is a lessons-learned meeting with regards to project management? Describe the benefits and behaviors of such a meeting.

When a project is shut down,the project team must ensure that all relevant stakeholders are clearly aware of the project shut down,including the date by which all activities will cease.This is an:

Research clearly indicates that when team members have experienced positive psychosocial outcomes from a project:

The difference between a BOT contract and a BOOT contract is that under the BOOT contract:

Once the project was successfully concluded,the team members returned to their roles in the organization,occasionally congregating at the water cooler to relive their halcyon days of yore.No one could argue that their project was:

Of the project closeout management steps listed,the last is to:

The goal of a lessons-learned meeting is to recapitulate the series of events:

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