Project Management basics - 4.7 Close Project or Phase Flashcards
What are some key benefits of the Close Project or Phase process?
a. Lessons learned and project documents updates
b. The release of organizational resources and stakeholder approval
c. Lessons learned and the release of organizational resources
d. Project document updates and the release of organizational resources
d. Project document updates and the release of organizational resources?
The key benefits of this process are the project or phase information is archived, the planned work is completed, and organizational team resources are release to pursue new endeavors.
See Section 4.7 Close Project or Phase
All of the following are part of the project performance summary in the final report EXCEPT:
a. Environmental objectives, the criteria used to evaluate the impact of the project on both internal and external organizations
b. Cost objectives, the criteria used to evaluate the accepted cost range, actual costs, and reasons for any variances.
c. Scope Objectives, the criteria used to evaluate the scope, and evidence that the completion criteria were met.
d. Quality objectives, the criteria used to evaluate the project and product quality.
a. Environmental objectives, the criteria used to evaluate the impact of the project on both internal and external organizations
The final report can include information such as:
(1) Scope Objectives;
(2) Quality objectives;
(3) Cost objectives;
(4) Schedule objectives.
See section 4.7.3
Which of the following activities are necessary for the administrative closure of the project or phase?
a. Collecting any suggestions for improving or updating the policies and procedures of the organization and sending them to the appropriate organizational unit.
b. Resolving constraints and conflicts that affect multiple projects within the program.
c. Prioritizing the work on the project to ensure the project resources are allocated to the appropriate work at the appropriate time.
d. Assuring benefits realization from the program and component projects.
a. Collecting any suggestions for improving or updating the policies and procedures of the organization and sending them to the appropriate organizational unit.
The activities necessary or the administration closure of the project or phase include but are not limited to Collecting any suggestions for improving or updating the policies and procedures of the organization and sending them to the appropriate organizational unit.
4.7 Close Project or Phase
What is included in the final report?
The final report provides a summary of the project’s performance. It can include information such as:
- Summary level description of the project or phase,
- Scope Objectives, the criteria used to evaluate the scope, and evidence that the completion criteria were met.
- Quality objectives, the criteria used to evaluate the project and product quality, the verification and actual milestone delivery dates, and reasons for variances.
- Cost objectives, including the acceptable cost range, actual costs, and reasons for any variances
- Summary of the validation information for the final product, service, or result.
Which of the following are Close Project and Phase tools and techniques:
a. Expert Judgment, Data gathering, and Data analysis
b. Expert Judgment, Data analysis, and Meetings
c. Expert Judgment, Project management information systems, and Meetings.
d. Expert Judgment, gathering, and Knowledge management.
b. Expert Judgment, Data analysis, and Meetings
Tools and techniques include but are not limited to:
(1) Expert Judgment
(2) Data analysis
(3) Meetings
See section 4.7.2 Close Project or Phase: Tools and Techniques.
What is the role of the project manager in the close project or phase process?
- Reviews the project management plan to ensure that work is completed and the project has met its objectives.
- Engages with stakeholders to find out why if a project is terminated before it’s finished.
- Completion or exit criteria are satisfied
- Contractual agreements are complete
- Project’s deliverables are transferred to production or operations
- Suggestions for improvements in procedures are collected
- Satisfaction of stakeholders is measured
Which project assets are considered appropriate input(s) for the close project or phase process?
- Project Charter
- Project Management Plan.
- Organizational process assets.
- Accepted deliverables
- Business Documents
. a. Business Case
. b. Benefits Management Plan - Agreements
- Procurement documentation
- Project Documents
Which project assets are considered appropriate output(s) for the close project or phase process?
- Final Report
- Final Product, Service, or Result Transition
- Project document updates
- Organizational Process Assets Updates
Which Tools and Techniques are considered appropriate for the close project or phase process?
- Expert Judgment
- Data Analysis
a. Document Analysis
b. Regression Analysis
c. Trend Analysis
d. Variance Analysis - Meetings
All of the following are outputs to Close Project or Phase EXEPT:
a. Project documents updates
b. Organizational process asset updates
c. Environment enterprise factor updates
d. Final product, service, or result transition
c. Environment enterprise factor updates
The following are considered appropriate outputs for the Close Project or Phase process:
(1) Project documents updates.
(2) Final product, service, or result transition.
(3) Final report,
(4) Organizational process asset updates
See section 4.7.3 Close Project or Phase: Outputs
All of the following Project documents are inputs to Close Project or Phase EXCEPT:
a. Requirements documentation, risk reports, and Quality reports
b. Milestone list, Basis of estimates, and Quality Controle measurements
c. Assumption log, change log, and issue log
d. Lessons learned register, risk register, and stakeholder register.
d. Lessons learned register, risk register, and stakeholder register.
The following Project documents are considered appropriate inputs for the Close Project or Phase process:
(1) Assumption log,
(2) Basis of estimates,
(3) Change log,
(4) Issue log,
(5) Lessons learned register,
(6) Milestone list
(7) Project communications
(8) Quality control measurements
(9) Quality reports
(10) Requirements documentation
(11) Risk register
(12) Risk Report
See section 4.7.1 Close Project Phase: Inputs
What organizational process assets are updated as part of the Close Project or Phase process?
a. Risk report
b. Change log
c. Business case
d. Lessons learned repository
d. Lessons learned repository
The organizational process assets that can influence the Close Project or Phase process include but are not limited to:
(1) Project or phase closure guidelines or requirements (e.g., lessons learned).
(2) Configuration management knowledge base.
See Section 4.7.1.8 Organizational Process Asset
Which of the following are inputs to Close Project or Phase?
a. Project Management Information System, Agreements, and Quality Control Measurements
b. Project Charter, Accepted Deliverables, and Organizational Process Assets (OPAs)
c. Business Document, Change Control Tools, and requirements Documentation
d. Procurement Documents, Lessons Learned, and Enterprise Environmental Factors (EEFs)
b. Project Charter, Accepted Deliverables, and Organizational Process Assets (OPAs)
The following are considered appropriate inputs for the Close Project or Phase process:
- Project Charter
- Project Management Plan.
- Organizational process assets.
- Accepted deliverables
- Business Documents
a. Business Case
b. Benefits Management
Plan - Agreements
- Procurement documentation
- Project Documents
See Section 4.7.1 Close Project or Phase: Inputs
What organizational process assets are updated as part of the Close Project or Phase process?
a. Business case
b. Change log
c. Risk report
d. Lessons learned repository
d. Lessons learned repository
The organizational process assets that can influence the Close Project or Phase process include but are not limited to:
(1) Project or phase closure guidelines or requirements (e.g., lessons learned).
(2) Configuration management knowledge base.
See Section 4.7.1.8 Organizational Process Asset
