Question 1

Project termination should be treated as a mechanistic process.

Accepted Answer

A) True 
 B)False  False

Question 2

Arquebus, a construction company, undertook a project to build an apartment building two years ago. However, the building's construction had to be halted due to legal issues surrounding the land it was built on. After a lengthy legal battle, Arquebus had to discontinue the project. In the context of project closure, this scenario exemplifies _____.

Accepted Answer

A)   closure-by-murder
B)   closure-by-addition
C)   closure-by-integration
D)   closure-by-starvation
E)   closure-by-elimination A

Question 3

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

Accepted Answer

A) True 
 B)False  True

Question 4

It is best for the project manager and project team to make the termination decision.

Accepted Answer

A) True 
 B)False

Question 5

Phillip, an auditor, is conducting a project audit for a company. To be effective, he needs to gather information regarding the project. He can accomplish this by:

Accepted Answer

A)   looking at documents that predate the project.
B)   asking for personal accounts from project sponsors in the organization.
C)   working with information from previous projects of the same project team.
D)   looking at the organization's goals and project history.
E)   asking the CEO of the organization for details about the project.

Question 6

Which of the following is typically not included in the project final report?

Accepted Answer

A)   administrative performance
B)   project performance
C)   organizational structure
D)   project teamwork
E)   risk analysis and risk management

Question 7

The way project termination is managed can impact the project's success.

Accepted Answer

A) True 
 B)False

Question 8

The formal audit is a special type of project evaluation.

Accepted Answer

A) True 
 B)False

Question 9

The project audit focuses its attention on the organization's management systems and operations.

Accepted Answer

A) True 
 B)False

Question 10

Contrast closure-by-addition with closure-by-integration.

Accepted Answer

The answer of Contrast closure-by-addition with closure-by-integration....

Question 11

Albert, a project manager, completed a complex project. He then prepared a project final report for the purview of senior management. In a specific section of the report, he listed the management practices that worked well for the project and helped team members complete the project without any delay. Which of the following items did Albert address in this section?

Accepted Answer

A)   Client performance
B)   Financial feasibility
C)   Administrative performance
D)   Project forecasting
E)   Closure of facilities

Question 12

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

Accepted Answer

A) True 
 B)False

Question 13

The term evaluate means to set the value or appraise.

Accepted Answer

A) True 
 B)False

Question 14

Resocore, an event management company, decides to perform an audit for an ongoing project. The company is constrained by time and cost, and therefore limits the audit to a brief investigation of project essentials. In this scenario, Resocore most likely conducts a(n) _____.

Accepted Answer

A)   detailed audit
B)   general audit
C)   technical audit
D)   energy audit
E)   compound audit

Question 15

Poor up-front planning is a fundamental reason for project failure.

Accepted Answer

A) True 
 B)False

Question 16

Which of the following is not a typical step in a project audit?

Accepted Answer

A)   familiarize the audit team with the requirements of the project
B)   collect benchmark data from other similar projects
C)   audit the project on-site
D)   write-up the audit report in the required format
E)   distribute the report

Question 17

According to research, which of the following is not an important dimension of project success?

Accepted Answer

A)   project efficiency
B)   project team cohesiveness
C)   customer impact/satisfaction
D)   business/direct success
E)   future potential

Question 18

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

Accepted Answer

A) True 
 B)False

Question 19

Which of the following is most closely associated with the output of a project becoming a standard part of the operating systems of the sponsoring firm or client?

Accepted Answer

A)   termination-by-addition
B)   termination-by-extinction
C)   termination-by-integration
D)   termination-by-starvation
E)   termination-by-elimination

Question 20

Termination-by-integration occurs when an "in-house" project is successfully completed and institutionalized as a new, formal part of the organization.

Accepted Answer

A) True 
 B)False

Exam 8: Evaluating and Terminating the Project

Project termination should be treated as a mechanistic process.

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

It is best for the project manager and project team to make the termination decision.

Phillip, an auditor, is conducting a project audit for a company. To be effective, he needs to gather information regarding the project. He can accomplish this by:

Which of the following is typically not included in the project final report?

The way project termination is managed can impact the project's success.

The formal audit is a special type of project evaluation.

The project audit focuses its attention on the organization's management systems and operations.

Contrast closure-by-addition with closure-by-integration.

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

The term evaluate means to set the value or appraise.

Resocore, an event management company, decides to perform an audit for an ongoing project. The company is constrained by time and cost, and therefore limits the audit to a brief investigation of project essentials. In this scenario, Resocore most likely conducts a(n) _____.

Poor up-front planning is a fundamental reason for project failure.

Which of the following is not a typical step in a project audit?

According to research, which of the following is not an important dimension of project success?

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

Which of the following is most closely associated with the output of a project becoming a standard part of the operating systems of the sponsoring firm or client?

Termination-by-integration occurs when an "in-house" project is successfully completed and institutionalized as a new, formal part of the organization.