Question 1

The timing of an audit depends on the purpose of the audit.

Accepted Answer

A) True 
 B)False  True

Question 2

Which of the following was NOT mentioned in the text as a valuable source of information for a project audit?

Accepted Answer

A)   the project's Request for Proposal
B)   minutes from the project selection committee
C)   benchmark data from other similar projects
D)   minutes of senior management committees that initiated the project
E)   All of the above were mentioned in the text as valuable sources of information for a project audit. C

Question 3

A data collection form to support a project audit would include data from all the following categories except

Accepted Answer

A)   financial data
B)   technical data
C)   managerial data
D)   risk management data
E)   All of the above categories would be included in the data collection form. D

Question 4

According to research,future potential is an important dimension of project success.

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

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 7

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 8

Measuring the project's performance against a planned budget and schedule is generally straightforward.

Accepted Answer

A) True 
 B)False

Question 9

The formal audit is a special type of project evaluation.

Accepted Answer

A) True 
 B)False

Question 10

Organizational structure should be addressed in the project final report.

Accepted Answer

A) True 
 B)False

Question 11

Which of the following is concerned with appraising a project relative to its initial or revised plan?

Accepted Answer

A)   project evaluation
B)   project termination
C)   project monitoring
D)   project control
E)   project planning

Question 12

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

Accepted Answer

A) True 
 B)False

Question 13

It is generally advisable to have the project manager serve as the termination manager.

Accepted Answer

A) True 
 B)False

Question 14

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

Accepted Answer

A) True 
 B)False

Question 15

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

Accepted Answer

A) True 
 B)False

Question 16

Project termination should be treated as a mechanistic process.

Accepted Answer

A) True 
 B)False

Question 17

Project audits are typically very useful in the initiation project state.

Accepted Answer

A) True 
 B)False

Question 18

Project evaluation should NOT be limited to an after-the-fact analysis.

Accepted Answer

A) True 
 B)False

Question 19

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

Question 20

Project evaluation should be limited to an after-the fact analysis.

Accepted Answer

A) True 
 B)False

Exam 8: Evaluating and Terminating the Project

The timing of an audit depends on the purpose of the audit.

Which of the following was NOT mentioned in the text as a valuable source of information for a project audit?

A data collection form to support a project audit would include data from all the following categories except

According to research,future potential is an important dimension of project success.

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

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

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

Measuring the project's performance against a planned budget and schedule is generally straightforward.

The formal audit is a special type of project evaluation.

Organizational structure should be addressed in the project final report.

Which of the following is concerned with appraising a project relative to its initial or revised plan?

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

It is generally advisable to have the project manager serve as the termination manager.

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

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

Project termination should be treated as a mechanistic process.

Project audits are typically very useful in the initiation project state.

Project evaluation should NOT be limited to an after-the-fact analysis.

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

Project evaluation should be limited to an after-the fact analysis.