Close Project or Phase

Question 1

Data Analysis Techniques used in Project Closeout

Answer 1

Document analysis;
Regression Analysis;
Trend Analysis;
Variation Analysis

Question 2

Project Performance Summary

Answer 2

Cost Objectives;
Scope Objectives;
Quality Objectives;
Schedule Objectives;

Question 3

What organizational process assets are updated as part of the Close Project or Phase process?

Answer 3

Project or phase closure guidelines or requirements (lessons learned);
Configuration Management Knowledge Base;

Question 4

Activities that are necessary for the administrative closure of the project or phase

Answer 4

Collecting suggestions for improving or updating the policies and procedures of the organization and sending them to the appropriate organizational unit.

Question 5

Tools & Techniques - Close Project & Phase

Answer 5

Expert Judgement;
Data Analysis;
Meetings;

Question 6

Key Benefit of Close Project or Phase Process

Answer 6

Project Information is archived (lessons learned);
Planned work is completed;
Organizational Team Resources are released;

Question 7

Role of PM in Close Project or Phase

Answer 7

Review the PM Plan to ensure all work is completed and met objectives;
Contractual agreements are complete;
Project’s deliverables are transferred to production or operations;
Suggestions for improvements are collected;
Satisfaction of stakeholders is measured;

Question 8

Inputs - Close Project or Phase

Answer 8

Accepted Deliverables; 
PM Plan;
Project Documents;
Agreements;
Project Charter;
Business Documents;
Organizational Process Assets; 
Procurement Documentation;

Question 9

Outputs - Close Project or Phase

Answer 9

Organizational Process Assets Updates;
Project Document Updates;
Final Report;
Final Product, Service, or Result Transition;

Question 10

Project Documents that are inputs to Close Project or Phase

Answer 10

Assumption Log; 
Basis of estimates;
Change log;
Issue log;
Lessons Learned register; 
Milestone list;
Project communications;
Quality control measurements; 
Quality reports; 
Requirements documentation; 
Risk Register;
Risk Report;

Question 11

What organizational process assets are updated as part of the Close Project or Phase process?

Answer 11

Lessons Learned