Answered: Correctly match the project phase to…

Understanding Business

12th Edition

ISBN:9781259929434

Author:William Nickels

Publisher:William Nickels

Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment

Section: Chapter Questions

Problem 1CE

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Correctly match the project phase to the activities on the left. Lessons learnt are documented, project documents are archived, majority of team members are released from the project, claims are settled, a final project report is prepared, and the project team celebrates. Answer 1 Question 25 Closing/Final Phase A project charter is created, a feasibility study is conducted, key project stakeholders are identified, and initial scope statement is created. Answer 2 Question 25 Startup/Initiation Phase Work is done, outcomes are produced, quality assurance activities are performed, procurement activities are conducted, work is supervised, lessons learnt documented, most of the project budget is spent, a kickoff meeting is held, and stakeholders are engaged. Answer 3 Question 25 Execution/Implementation Phase A communications matrix is developed by the project team, a WBS is created, risks are identified, majority of team members are hired, a kickoff meeting is held, procurement documents are developed, and quality metrics are determined. Answer 4 Question 25

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