Mini PMP - Ch 13 - Project Closure and Benefits Realization _ MGMT641102-Global Project Management

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4/27/23, 10:20 PM Mini PMP - Ch 13 - Project Closure and Benefits Realization : MGMT641102-Global Project Management https://njit.instructure.com/courses/27956/quizzes/88095?module_item_id=1002795 1/19 Mini PMP - Ch 13 - Project Closure and Benefits Realization Due Apr 22 at 11:59pm Points 45 Questions 45 Available until Apr 22 at 11:59pm Time Limit 90 Minutes This quiz was locked Apr 22 at 11:59pm. Attempt History Attempt Time Score LATEST Attempt 1 89 minutes 37 out of 45 Score for this quiz: 37 out of 45 Submitted Apr 22 at 1:52pm This attempt took 89 minutes. 1 / 1 pts Question 1 Following is a list of a few of the more important aspects of the transition from project to integrated operation that must be considered when the project functions are distributed. Which one matches the following description? Are all the functional areas aware of the change? Has each made sure that the transition from project to standard operation has been accomplished within standard organizational guidelines? Purchasing, distribution, legal, and so on Correct! Correct! Marketing Information systems/software Risk identification and management
4/27/23, 10:20 PM Mini PMP - Ch 13 - Project Closure and Benefits Realization : MGMT641102-Global Project Management https://njit.instructure.com/courses/27956/quizzes/88095?module_item_id=1002795 2/19 1 / 1 pts Question 2 The primary criterion for project continuance or closure is whether or not the organization is willing to invest the estimated time and cost required to complete the project, given the projectÍs current status and current expected outcome. True Correct! Correct! False 0 / 1 pts Question 3 Closures that are typically the result of conflict between senior managers, one of whom may be terminated along with the project, are known as what? Political closures orrect Answer orrect Answer Closure by addition Conflict closures ou Answered ou Answered Closure by integration 1 / 1 pts Question 4 Listed below are four critical success factors for projects. Which one matches the following description? Availability of the required technology and expertise to accomplish the specific technical action steps.
4/27/23, 10:20 PM Mini PMP - Ch 13 - Project Closure and Benefits Realization : MGMT641102-Global Project Management https://njit.instructure.com/courses/27956/quizzes/88095?module_item_id=1002795 3/19 Monitoring and feedback Communication Trouble-shooting Technical tasks Correct! Correct! 1 / 1 pts Question 5 The special case of closure by extinction wherein the project experiences a sudden demise even though it was lacking obvious signals that death was imminent is known as what? Closure by addition Closure by integration Closure by starvation Termination by murder Correct! Correct! 1 / 1 pts Question 6 A special case of closure by extinction is termination by _____. murder Correct! Correct! orrect Answers orrect Answers murder
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4/27/23, 10:20 PM Mini PMP - Ch 13 - Project Closure and Benefits Realization : MGMT641102-Global Project Management https://njit.instructure.com/courses/27956/quizzes/88095?module_item_id=1002795 4/19 1 / 1 pts Question 7 What section of the final project report is a comparison of what the project achieved with what the project tried to achieve? Administrative performance Personnel suggestions Project performance Correct! Correct! Organizational structure 1 / 1 pts Question 8 The primary criterion for this is whether or not the organization is willing to invest the estimated time and cost required to complete the project, given the projectÍs current status and current expected outcome. Continuance Closure Continuance or closure Correct! Correct! Extinction 1 / 1 pts Question 9 This is an administrator responsible for wrapping up the administrative details of a project.
4/27/23, 10:20 PM Mini PMP - Ch 13 - Project Closure and Benefits Realization : MGMT641102-Global Project Management https://njit.instructure.com/courses/27956/quizzes/88095?module_item_id=1002795 5/19 Project manager Closure manager Correct! Correct! Stakeholder Program administrator 1 / 1 pts Question 10 Following is a list of a few of the more important aspects of the transition from project to integrated operation that must be considered when the project functions are distributed. Which does the following describe? Are all drawings complete and on file? Are operating manuals and change procedures understood? Engineering Correct! Correct! Manufacturing Accounting/finance Personnel 1 / 1 pts Question 11 The process of closure is all of the following except which one? Straight-forward Correct! Correct! Always complicated Almost always inevitable
4/27/23, 10:20 PM Mini PMP - Ch 13 - Project Closure and Benefits Realization : MGMT641102-Global Project Management https://njit.instructure.com/courses/27956/quizzes/88095?module_item_id=1002795 6/19 Never easy 1 / 1 pts Question 12 When an in-house project is a major success and it is terminated by institutionalizing it as a formal part of the parent organization; this is closure by what? Extinction Starvation Integration Addition Correct! Correct! 1 / 1 pts Question 13 Bringing the project into the organization as a separate, ongoing entity is called what? Closure by extinction Closure by integration Closure by addition Correct! Correct! Closure by starvation 1 / 1 pts Question 14
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4/27/23, 10:20 PM Mini PMP - Ch 13 - Project Closure and Benefits Realization : MGMT641102-Global Project Management https://njit.instructure.com/courses/27956/quizzes/88095?module_item_id=1002795 7/19 Closure comes to every project. True Correct! Correct! False 0 / 1 pts Question 15 Special _____ managers are sometimes useful in completing the long and involved process of shutting down the project. Temination ou Answered ou Answered orrect Answers orrect Answers closure 1 / 1 pts Question 16 The end of all activity on a project without extending it in some form is referred to as what? Integration Extinction Correct! Correct! Starvation Addition
4/27/23, 10:20 PM Mini PMP - Ch 13 - Project Closure and Benefits Realization : MGMT641102-Global Project Management https://njit.instructure.com/courses/27956/quizzes/88095?module_item_id=1002795 8/19 1 / 1 pts Question 17 With closure by _____, the project is closed, but the project still exists as a legal entity complete with sufficient staff to maintain some sort of presence such as an administrative assistant who issues a project ñno- progressî report each year. Starvation Correct! Correct! orrect Answers orrect Answers starvation 1 / 1 pts Question 18 Listed below are four critical success factors for projects. Which one matches the following description? Communication, consultation, and active listening to all impacted parties. Personnel Project schedule/plan Project mission Client consultation Correct! Correct! 0 / 1 pts Question 19 Termination by murder usually happens slowly. True ou Answered ou Answered
4/27/23, 10:20 PM Mini PMP - Ch 13 - Project Closure and Benefits Realization : MGMT641102-Global Project Management https://njit.instructure.com/courses/27956/quizzes/88095?module_item_id=1002795 9/19 False orrect Answer orrect Answer 1 / 1 pts Question 20 Closure by extinction always means the project failed. True False Correct! Correct! 1 / 1 pts Question 21 In closure by integration, project assets are what? Reassigned to another project Liquidated Transferred from the dying project to the newly born division Distributed among the existing elements of the parent organization Correct! Correct! 1 / 1 pts Question 22 The fundamental purpose of the final project report is to do what? Devote more resources to the project Document the errors in the project
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4/27/23, 10:20 PM Mini PMP - Ch 13 - Project Closure and Benefits Realization : MGMT641102-Global Project Management https://njit.instructure.com/courses/27956/quizzes/88095?module_item_id=1002795 10/19 Finish the work so that payment can be collected Improve future projects Correct! Correct! 1 / 1 pts Question 23 Agile projects may conclude with a special sprint referred to as the _____ sprint. release Correct! Correct! orrect Answers orrect Answers release 1 / 1 pts Question 24 Listed below are four critical success factors for projects. Which one matches the following description? Recruitment, selection, and training of the necessary personnel for the project team. Client consultation Project schedule/plan Personnel Correct! Correct! Project mission 0 / 1 pts Question 25
4/27/23, 10:20 PM Mini PMP - Ch 13 - Project Closure and Benefits Realization : MGMT641102-Global Project Management https://njit.instructure.com/courses/27956/quizzes/88095?module_item_id=1002795 11/19 Most projects are carried out for other organizations, like a construction company building a new office building for a client. True ou Answered ou Answered False orrect Answer orrect Answer 1 / 1 pts Question 26 In general, the problems of integration are related to the level of experience that the parent organization has had with the technology being integrated and to the successful integration of other projects, regardless of technology, how? Directly proportional Not proportional Inversely proportional Correct! Correct! Unrelated 1 / 1 pts Question 27 There is no stigma associated with closing a project early in Agile. True Correct! Correct! False
4/27/23, 10:20 PM Mini PMP - Ch 13 - Project Closure and Benefits Realization : MGMT641102-Global Project Management https://njit.instructure.com/courses/27956/quizzes/88095?module_item_id=1002795 12/19 1 / 1 pts Question 28 During the implementation of project closure, if personnel performance evaluations are required, they should be prepared by who? Closure manager Project management office Senior manager Project manager or immediate supervisor of the team member Correct! Correct! 0 / 1 pts Question 29 A common mistake in project management is to appoint as project manager an individual with excellent _____ skills but weak _____skills. Technical , Managerial ou Answered ou Answered orrect Answers orrect Answers managerial technical 1 / 1 pts Question 30 What section of the final project report contains comments regarding how the organizational structure aided or impeded the progress of the project? Administrative performance Organizational structure Correct! Correct!
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4/27/23, 10:20 PM Mini PMP - Ch 13 - Project Closure and Benefits Realization : MGMT641102-Global Project Management https://njit.instructure.com/courses/27956/quizzes/88095?module_item_id=1002795 13/19 Personnel suggestions Project performance 1 / 1 pts Question 31 Closure by _____ is the most common way of dealing with successful projects, and the most complex. Integration Correct! Correct! orrect Answers orrect Answers integration 1 / 1 pts Question 32 Following is a list of a few of the more important aspects of the transition from project to integrated operation that must be considered when the project functions are distributed. Which does the following describe? Have the project accounts been closed and audited? Do the new department budgets include the additional work needed by the project? Personnel Manufacturing Accounting/finance Correct! Correct! Engineering 1 / 1 pts Question 33
4/27/23, 10:20 PM Mini PMP - Ch 13 - Project Closure and Benefits Realization : MGMT641102-Global Project Management https://njit.instructure.com/courses/27956/quizzes/88095?module_item_id=1002795 14/19 Bringing the project activities into the organization and distributing them among existing functions is referred to as what? Closure by addition Termination by murder Closure by extinction Closure by integration Correct! Correct! 0 / 1 pts Question 34 For projects organized as weak matrices, most of the individuals on the project ñbelongî to the project. True ou Answered ou Answered False orrect Answer orrect Answer 1 / 1 pts Question 35 Most studies have shown that the factors associated with project success or failure are what? Different across different industries but similar for the various types of projects Different across different industries and the various types of projects Correct! Correct!
4/27/23, 10:20 PM Mini PMP - Ch 13 - Project Closure and Benefits Realization : MGMT641102-Global Project Management https://njit.instructure.com/courses/27956/quizzes/88095?module_item_id=1002795 15/19 Similar across different industries but different for the various types of projects Similar across different industries and the various types of projects 1 / 1 pts Question 36 Following is a list of a few of the more important aspects of the transition from project to integrated operation that must be considered when the project functions are distributed. Which one matches the following description? Is the sales department aware of the change? Marketing Correct! Correct! Purchasing, distribution, legal, and so on Information systems/software Risk identification and management 1 / 1 pts Question 37 Following is a list of a few of the more important aspects of the transition from project to integrated operation that must be considered when the project functions are distributed. Which one matches the following description? Have all possible threats to the project been faced, subjected to analysis, and dealt with accordingly? Purchasing, distribution, legal, and so on Marketing
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4/27/23, 10:20 PM Mini PMP - Ch 13 - Project Closure and Benefits Realization : MGMT641102-Global Project Management https://njit.instructure.com/courses/27956/quizzes/88095?module_item_id=1002795 16/19 Information systems/software Risk identification and management Correct! Correct! 1 / 1 pts Question 38 It is important to select a project manager who has strong what? Monitoring skills Managerial skills Correct! Correct! Technical skills Trouble-shooting skills 0 / 1 pts Question 39 When project success results in closure by _____, project personnel, property, and equipment are often simply transferred from the dying project to the newly born division. integration ou Answered ou Answered orrect Answers orrect Answers addition 1 / 1 pts Question 40
4/27/23, 10:20 PM Mini PMP - Ch 13 - Project Closure and Benefits Realization : MGMT641102-Global Project Management https://njit.instructure.com/courses/27956/quizzes/88095?module_item_id=1002795 17/19 When a decision is made to close a project by extinction, all activity on the substance of the project ceases. A great deal of _____ activity, however, remains to be done. organizational Correct! Correct! orrect Answers orrect Answers organizational 0 / 1 pts Question 41 The techniques of project management section of the final report does what? Analyzes the impact of organizational structure on the project Reviews the administrative practices used during the project ou Answered ou Answered Offers solutions to technical problems that may have occurred Compares what the project achieved with what it aimed for orrect Answer orrect Answer 1 / 1 pts Question 42 Cutting a project's budget sufficiently to stop progress without actually killing the project is referred to as what? Closure by starvation Correct! Correct! Closure by subtraction Closure by extinction
4/27/23, 10:20 PM Mini PMP - Ch 13 - Project Closure and Benefits Realization : MGMT641102-Global Project Management https://njit.instructure.com/courses/27956/quizzes/88095?module_item_id=1002795 18/19 Closure by addition 1 / 1 pts Question 43 What section of the final project report contains a review of administrative practices? Project performance Organizational structure Personnel suggestions Administrative performance Correct! Correct! 1 / 1 pts Question 44 Sunk costs are not relevant to current investment decisions. True Correct! Correct! False 1 / 1 pts Question 45 The project performance section of the final report does what? Analyzes the impact of organizational structure on the project
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4/27/23, 10:20 PM Mini PMP - Ch 13 - Project Closure and Benefits Realization : MGMT641102-Global Project Management https://njit.instructure.com/courses/27956/quizzes/88095?module_item_id=1002795 19/19 Reviews the administrative practices used during the project Compares what the project achieved with what it aimed for Correct! Correct! Offers solutions to technical problems that may have occurred Quiz Score: 37 out of 45