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PM1001

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Information Systems

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Dec 6, 2023

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1 CONCEPT Closing Process 16/21 that's 76% RETAKE 16 questions were answered correctly . 5 questions were answered incorrectly . Which of the following is true about the closing process? Report an issue with this question The closing process should follow a logical order. The closing process is separate from the project. The team can be released when they have finished their respective deliverables. Documentation can be completed without having to be approved. UNIT 4 — MILESTONE 4 16/21
2 CONCEPT Communicating Lessons Learned 3 Who of the following reviews the final version of the lessons learned first? Report an issue with this question Which of the following reflects a team evaluation criterion? Entire organization Project approvers Upper management Project team Ensured completed deliverable was 95% defect-free Managed conflicts between stakeholder groups interested in the project UNIT 4 — MILESTONE 4 16/21
CONCEPT Evaluating Project Team 4 Report an issue with this question Which of the following is an example of a product development project? Met schedule requirements for completion of project tasks Worked collectively to manage identified risks for the project Manage a project to develop a new solar-powered camping tent. Manage a project to organize a convention for new inventors. Manage a project to analyze the need for a new layout of a retail store. Manage a project to raise funds for a national science competition. UNIT 4 — MILESTONE 4 16/21
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CONCEPT Project Management in Context 5 CONCEPT Warehousing Information 6 Report an issue with this question Which of the following items from a project is stored by an organization but NOT as a part of project specific files? Report an issue with this question Which of the following may occur after the team is released? Lessons learned Communication plan Individual evaluations Project schedule Recording lessons learned Transferring project ownership UNIT 4 — MILESTONE 4 16/21
CONCEPT Celebrating Project Completion 7 CONCEPT Evaluating & Reporting Project Success Report an issue with this question Which of the following best describes a successful project? Report an issue with this question Warehousing project records Project completion celebration A project completed on budget A project that finishes early A project that delivers the specified scope A project completed under budget UNIT 4 — MILESTONE 4 16/21
8 CONCEPT Project Life Cycle Review 9 Which activity would Trina perform in Phase 3 of a project to create a plant nursery at a local hardware store? Report an issue with this question Which of the following best describes an individual evaluation? Verify deliverables are complete. Manage changes to the deliverables. Create an estimated timeline for completion. Develop the work breakdown structure. Subjective Specific UNIT 4 — MILESTONE 4 16/21
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CONCEPT Evaluating Project Team 10 Report an issue with this question Which of the following is an example of a lesson learned that is related to resources used outside the organization? Shared Broad A piece of equipment on the production line broke down and caused a schedule delay. A deliverable did not meet quality standards because it was not tested thoroughly. One of the groups contracted for the project failed to meet production deadlines. The weekly delivery of project status reports facilitated the success of the project. UNIT 4 — MILESTONE 4 16/21
CONCEPT Documenting Lessons Learned 11 CONCEPT Evaluating Project Readiness 12 Report an issue with this question In which of the following ways is assessing project impact different from assessing project readiness? Report an issue with this question Which of the following is a reason a project manager might need to customize the approach taken to manage a project? Project readiness focuses more on achieving stated benefits. Project impact focuses more on the management of risks. Project impact focuses more on the project providing value. Project readiness focuses more on working with the new project owner. UNIT 4 — MILESTONE 4 16/21
CONCEPT Project Management in Context 13 Report an issue with this question Which of the following do organizations do to ensure future projects can refer to documentation from past documents? The type of objectives suggested by stakeholders The level of authority given to the project manager The educational background of the project manager The amount of structure the project manager requires Record project approvals Warehouse project information Use formal closing process procedures UNIT 4 — MILESTONE 4 16/21
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CONCEPT Warehousing Information 14 CONCEPT Transferring Ownership 15 Report an issue with this question If the individual taking ownership of a project is identified early in the project, which information below is NOT reviewed at the transfer meeting? Report an issue with this question During which phase below would a project manager monitor the work performed to create a deliverable? Document the paths previous projects take Project deliverables Outstanding issues Project scope Project requirements UNIT 4 — MILESTONE 4 16/21
CONCEPT Project Life Cycle Review 16 Report an issue with this question Which of the following statements is true about the post- transfer follow-up process? Phase 2 Phase 3 Phase 1 Phase 4 Following up after the project should occur indefinitely. Following up should be done in a face-to-face meeting. Following up demonstrates support. Following up takes place between the project manager UNIT 4 — MILESTONE 4 16/21
CONCEPT Transferring Ownership 17 CONCEPT When the Project isn't Ready 18 Report an issue with this question Which of the following is the main reason a project closing can be time-consuming? Report an issue with this question Which of the following should Will do next in the closing process after he documents Lessons Learned? and the project team. Organizing needed documentation Evaluating actuals to estimates Releasing the team early Resolving outstanding issues UNIT 4 — MILESTONE 4 16/21
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CONCEPT Closing Process 19 Report an issue with this question Which of the following do the project approval meeting and the transfer meeting have in common? Transfer ownership of the project. Warehouse project information. Evaluate the project team. Close outstanding contracts. Team members attend both meetings. The deliverable requirements are reviewed. The schedule is reviewed. The budget is reviewed. UNIT 4 — MILESTONE 4 16/21
CONCEPT Project Approval 20 CONCEPT When the Project isn't Ready 21 Report an issue with this question Which of the following is true when a project is closed and delivered as is? Report an issue with this question The project manager must revisit project phases to resolve the issues with deliverables. The deliverables will be improved over time with new projects. The project team can be released earlier in the closing process. The deliverables are implemented even though limitations exist. UNIT 4 — MILESTONE 4 16/21
CONCEPT Evaluating Project Readiness Which of the following questions should a project manager ask when evaluating project readiness? Report an issue with this question How will ownership of the deliverables be transferred to the organization? Where will the organization transfer team members? Will the organization realize the expected advantages when the project is implemented? Will the deliverables meet the specified requirements? About Contact Us Privacy Policy Terms of Use © 2023 SOPHIA Learning, LLC. SOPHIA is a registered trademark of SOPHIA Learning, LLC. UNIT 4 — MILESTONE 4 16/21
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