Closing

Question 1

At the end of a project, what documents will the project manager need for closure of the project?

Answer 1

Scope definition and acceptance documentation and project closure guidelines

Question 2

What phase is a project in when all the work specified in the contract scope of work are complete and the final product has been sent to the client?

Answer 2

Closure

Question 3

Performance reporting is important during closure of a particular project phase in order to:

Answer 3

Close out the portion of the project scope and the associated activities.

Question 4

All the deliverables have been sent to the client and were formally accepted. The closure activities have been completed when a procurement audit turns up a problem. The project is considered to be:

Answer 4

Complete

Question 5

Your cost reimbursable contract project has finally entered closure. What must the buyer do?

Answer 5

Audit seller’s costs

Question 6

The project team has completed all the project deliverables. The client has formally accepted the deliverables. Today you schedule the lessons learned meeting with the stakeholders as required by your organization. What is the status of the project?

Answer 6

Incomplete until all deliverables are complete and accepted

Question 7

During administrative closure, you discover that formal performance reporting from one of your vendors has not been received. What should you do?

Answer 7

Require the vendor to complete the work

Question 8

A project is considered closed when:

Answer 8

Archives are completed and filed

Question 9

The PMO has audited your last project and the audit report lists the term “Gold Plating.” What is the issue being cited by the audit?

Answer 9

The project was delivered with a positive variance in scope

Question 10

Administrative closure is different than contract closure in that:

Answer 10

Contract closure includes an audit of the terms and conditions while administrative closure does not

Question 11

You have assigned two team members to perform scope verification, reviewing the product documentation and conducting lessons learned reviews. What activity are the team members engaged in?

Answer 11

Project or phase closure

Question 12

What is the purpose of the procurement audit?

Answer 12

Identify the successes and failures that warrant transfer to other procurements or projects

Question 13

With a clear scope of work, a seller completes work as specified, but the buyer is not pleased with the results. The contract is:

Answer 13

Complete

Question 14

Due to force majeure, your project will be delayed by eight months. The customer has asked to end the contract citing problems with the location. What is the MOST appropriate thing to do in this situation?

Answer 14

Complete contract closure

Question 15

Contract and project closure both involve:

Answer 15

Accepted deliverables

Question 16

You are managing a project and determine that the only way to resolve a vendor problem is to have it heard and resolved by a neutral party. To accomplish this, the project manager should use a(n):

Answer 16

Arbitrator

Question 17

Documents that serve as historical records for future projects are archived:

Answer 17

During closure

Question 18

Your seller has failed to deliver a major item for your project. What should you do?

Answer 18

Notify the seller of the breach.

Question 19

In your last company, you were considered the “King of Metrics.” You have worked for a new company for three months and you have recommended changes in the collection of project performance documents and creating historical records of past projects. What is the BEST way to accomplish this?

Answer 19

Documenting lessons learned

Question 20

In project closure what is the LAST thing to do?

Answer 20

Release the team

Question 21

When is it BEST to perform administrative closure?

Answer 21

At the end of each project phase

Question 22

In closing out a minor contract you discover that a deliverable has not been received. What should you do?

Answer 22

Require that the deliverable be done

Question 23

An output of administrative closure is the creation of:

Answer 23

Project archives

Question 24

The scope of work is completed on a project. The customer has asked for a change to provide service to the project product for 90 days. What should be done?

Answer 24

Begin closure on the contract and sign a new one for the additional work

Question 25

Upon completion of administrative closure, you will have, formal acceptance documentation, project files, project closure documents and:

Answer 25

Lessons learned

Question 26

When is the earliest time administrative closure should be completed?

Answer 26

At the conclusion of each project phase

Question 27

Your project is nearing the end of the implementation phase. Before beginning the next phase, you should ensure that:

Answer 27

The objectives of the prior phase have been obtained and accepted by the customer

Question 28

Your client terminates your contract for convenience. The project is now in:

Answer 28

Closure

Question 29

What is the BEST technique to ensure proper contract closure?

Answer 29

Procurement audits

Question 30

Your PMO called this morning to ask why your lessons learned documentation has not been filed. You claim that last night your car hit a water buffalo and the service manager took a long time filling out the paperwork making you late. In addition, you tell them that as fate would have it, you had planned to do your lessons learned this very morning. Who do you invite to your office to assist in the creation of lessons learned?

Answer 30

Stakeholders

Question 31

The project management process includes several avenues of feedback and control. During the closure process, the most significant form of feed forward control is:

Answer 31

Lessons learned

Question 32

Once a project is turned over and accepted:

Answer 32

The client is now exposed to the risk of failure of the project to perform its intended function for its expected life

Question 33

Your client terminates your contract for convenience. This means you are now implementing which process?

Answer 33

Close Procurements

Question 34

The company PMO tells the project manager to create lessons learned. What do lessons learned include?

Answer 34

Information on issues and risks

Question 35

In your last project to add street signs throughout Jay County, WI, the company procurement team was short-handed and particularly slow to respond to your requests for signs. What would be the MOST appropriate thing to do to ensure the issues are resolved for future projects?

Answer 35

Conduct a procurement audit

Question 36

What is the process of documenting project successes and failures and recommendations to improve future performance on projects?

Answer 36

Lessons learned

Question 37

As project manager, you have been called to a meeting with the contract administrator to conduct a procurement audit. The purpose of the audit is to:

Answer 37

This review of successes and failures of the procurement

Question 38

Contract and administrative closure both involve what type of documentation?

Answer 38

Archiving relevant documentation

Question 39

The seller considers the contract closed when the following is complete:

Answer 39

Formal written notice from the buyer

Question 40

A structured review of the procurement process is called:

Answer 40

A procurement audit

Question 41

The causes of variances, the reasoning behind corrective action chosen should be documented in:

Answer 41

Organizational process assets

Question 42

There are outstanding issues, claims and disputes with one supplier for your project. A common method for addressing these is through:

Answer 42

Negotiated settlements