Question 1

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

Accepted Answer

A) True 
 B)False

Question 2

Describe what type of information would be in the future project status section of the audit report?

Accepted Answer

The answer of Describe what type of information would be...

Question 3

What are the main duties of the termination manager?

Accepted Answer

The answer of What are the main duties of the...

Question 4

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

Accepted Answer

A) True 
 B)False

Question 5

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

Accepted Answer

A) True 
 B)False

Question 6

The term evaluate means to set the value or appraise.

Accepted Answer

A) True 
 B)False

Question 7

Which of the following information should not be contained in an audit report?

Accepted Answer

A)  Introduction 
B)  final comments 
C)  Risk analysis 
D)  future project status 
E)  Project RACI matrix

Question 8

Implementing the project results with the users and preparing the amended business case closeout report are the responsibility of the project manager.

Accepted Answer

A) True 
 B)False

Question 9

Organizational structure should be addressed in the project final report.

Accepted Answer

A) True 
 B)False

Question 10

Which of the following is not a main duty of the termination manager?

Accepted Answer

A)  Oversee the closing of the project's books 
B)  Complete the project final report 
C)  Ascertain any product support requirements 
D)  Ensure completion of work 
E)  Ensure that documentation is complete

Question 11

The use of forms to collect data during a project audit is generally considered not to be good management practice since they can limit the audit team's flexibility.

Accepted Answer

A) True 
 B)False

Question 12

The primary purpose of project evaluation is to given feedback to the project manager.

Accepted Answer

A) True 
 B)False

Question 13

The formal audit is a special type of project evaluation.

Accepted Answer

A) True 
 B)False

Question 14

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 15

Which of the following was not a major section listed in the text for the audit report?

Accepted Answer

A)  current status 
B)  future project status 
C)  critical management issues 
D)  financial analysis 
E)  risk analysis and risk management

Question 16

According to the text, which of the following is not an item to consider for project evaluation report recommendations?

Accepted Answer

A)  communication with the client and senior management 
B)  locating opportunities for technological advances 
C)  locating opportunities to crash the project 
D)  improving the project-management process 
E)  improving the organization's used of projects

Question 17

Which of the following is not a type of project termination mentioned in the text?

Accepted Answer

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

Question 18

With Agile approaches the project may be terminated at any time if the product owner determines the costs required to complete the remaining features in the product backlog exceed the benefits of adding these features.

Accepted Answer

A) True 
 B)False

Question 19

The four important dimensions for measuring project success include the following except…

Accepted Answer

A)  Efficiency in meeting the budget and schedule 
B)  Customer impact/satisfaction 
C)  Business/direct success 
D)  Future potential 
E)  Planning

Question 20

Project audits are typically very useful at the master schedule project state.

Accepted Answer

A) True 
 B)False

Exam 8: Evaluating and Terminating the Project

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

Describe what type of information would be in the future project status section of the audit report?

What are the main duties of the termination manager?

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

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

The term evaluate means to set the value or appraise.

Which of the following information should not be contained in an audit report?

Implementing the project results with the users and preparing the amended business case closeout report are the responsibility of the project manager.

Organizational structure should be addressed in the project final report.

Which of the following is not a main duty of the termination manager?

The use of forms to collect data during a project audit is generally considered not to be good management practice since they can limit the audit team's flexibility.

The primary purpose of project evaluation is to given feedback to the project manager.

The formal audit is a special type of project evaluation.

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 was not a major section listed in the text for the audit report?

According to the text, which of the following is not an item to consider for project evaluation report recommendations?

Which of the following is not a type of project termination mentioned in the text?

With Agile approaches the project may be terminated at any time if the product owner determines the costs required to complete the remaining features in the product backlog exceed the benefits of adding these features.

The four important dimensions for measuring project success include the following except…

Project audits are typically very useful at the master schedule project state.