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    ch13 Quiz 2

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    Dimanshu Bakshi
    This document contains a chapter summary and 14 multiple choice questions about project termination from a project management textbook. There are five learning objectives covered: 1) recognizing methods of project termination, 2) explaining when to terminate a project, 3) identifying the termination process steps, 4) writing a final project report, and 5) recognizing the importance of project management processes. The questions assess knowledge and comprehension of factors that influence project termination decisions and the steps involved in properly closing out a project.

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    ch13 Quiz 2

    Uploaded by

    Dimanshu Bakshi
    87 views4 pages
    This document contains a chapter summary and 14 multiple choice questions about project termination from a project management textbook. There are five learning objectives covered: 1) recognizing methods of project termination, 2) explaining when to terminate a project, 3) identifying the termination process steps, 4) writing a final project report, and 5) recognizing the importance of project management processes. The questions assess knowledge and comprehension of factors that influence project termination decisions and the steps involved in properly closing out a project.

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    This document contains a chapter summary and 14 multiple choice questions about project termination from a project management textbook. There are five learning objectives covered: 1) recognizing methods of project termination, 2) explaining when to terminate a project, 3) identifying the termination process steps, 4) writing a final project report, and 5) recognizing the importance of project management processes. The questions assess knowledge and comprehension of factors that influence project termination decisions and the steps involved in properly closing out a project.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    87 views4 pages

    ch13 Quiz 2

    Uploaded by

    Dimanshu Bakshi
    This document contains a chapter summary and 14 multiple choice questions about project termination from a project management textbook. There are five learning objectives covered: 1) recognizing methods of project termination, 2) explaining when to terminate a project, 3) identifying the termination process steps, 4) writing a final project report, and 5) recognizing the importance of project management processes. The questions assess knowledge and comprehension of factors that influence project termination decisions and the steps involved in properly closing out a project.

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    © All Rights Reserved
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    File: ch13; Chapter 13:Project Termination

    Concept Check Questions (based on “Practice Quizzes”)


    [By nature, all questions are coded as Difficulty: Easy and AACSB: Reflective Thinking]

    Learning Objective 13.1 Recognize the various methods of terminating a project.

    1. According to your Project Management textbook, there are ________ fundamentally different
    ways to close out a project.
    a. two
    b. three
    c. four
    d. six

    Ans: c
    Response: Refer to Section13.1
    Bloom’s: Knowledge

    2. Termination by extinction is caused by:


    a. Death of the company President, the Director, or the Lead Project Manager.
    b. Withdrawal of project funding.
    c. The project being bankrupt.
    d. Either the project is deemed unsuccessful or it has successfully achieved its goals.

    Ans:d
    Response: Refer to Section 13.1
    Bloom’s: Knowledge

    3. Termination by addition occurs when:


    a. The project is successful and is made a formal part of the organization.
    b. The project cannot be successful on its own, and so it is added on to another project.
    c. The project is terminated and its PM becomes an addition to the Board of Directors.
    d. Additional resources are secured and added onto the project resources.

    Ans: a
    Response: Refer to Section 13.1
    Bloom’s: Comprehension

    4. For the first few years after a project has been made a “permanent “ part of the organization,
    it typically has:
    a. Much publicity and photo opportunities.
    b. A protected status, carrying less than its full share of overhead costs.
    c. A temporary position in the organization, with a lack of resources.
    d. Less than a full staff of personnel until it proves its contribution to profits.

    Ans: b
    Response: Refer to Section 13.1
    Bloom’s: Knowledge

    5. The fourth type of project termination is:


    a. Ignoring the project in all formal reports so it gets no recognition.
    b. Death by a sell off of project assets.
    c. Termination of all project personnel so no more activity occurs.
    d. Slow starvation by cutting the project budget, and issue of “no-progress” annual
    reports.

    Ans: d
    Response: Refer to Section 13.1
    Bloom’s: Knowledge

    Learning Objective 13.2 Explain when it is best to terminate a project.

    6. According to Zou’s survey of industry practitioners, which of the following are the top two
    critical success factors for projects?
    a. Time and Money
    b. Public and private partnerships
    c. A popular new product being produced by the project.
    d. Commitment & support of top management and clearly defined objectives

    Ans: d
    Response: Refer to Section 13.2
    Bloom’s: Knowledge

    7. Which of the following is a typical cause for early termination of projects?


    a. Lack of publicity by parent organization.
    b. Poor planning.
    c. Lack of knowledge of Project Management Software.
    d. Misunderstanding of financial analysis.

    Ans: b
    Response: Refer to Section 13.2
    Bloom’s: Knowledge

    Learning Objective 13.3 Identify the steps in the termination process.

    8. Projects should be considered for termination when:


    a. They are so far behind schedule that recovery is unlikely.
    b. Top management is bored with the project.
    c. Scheduling problems start to occur.
    d. The project team starts to lose enthusiasm for the project.

    Ans: a
    Response: Refer to Section13.3
    Bloom’s: Comprehension

    9. Uncertainty associated with projects is most often concerned with:


    a. How long it will take to convince top management that it’s a good idea.
    b. Selection of available, qualified personnel.
    c. Whether project objectives are technically achievable.
    d. How much time and cost is required to achieve project objectives.
    Ans: d
    Response: Refer to Section 13.3
    Bloom’s: Comprehension

    Learning Objective 13.4 Write a final report including the history of a terminated project.

    10. In the Project Final Report, a key element is comparison of plan to actual:
    a. Salaries
    b. Personnel
    c. Project performance
    d. Budgets

    Ans: c
    Response: Refer to Section 13.4
    Bloom’s: Knowledge

    11. For each element in the final report, recommendations should be made for ________ current
    practices.
    a. Changing/improving.
    b. Budgeting.
    c. Staffing.
    d. Diagramming.

    Ans: a
    Response: Refer to Section 13.4
    Bloom’s: Knowledge

    12. The fundamental purpose of the final report is to:


    a. Get a promotion.
    b. Stay within budget.
    c. Document the facts.
    d. Improve future projects.

    Ans: d
    Response: Refer to Section 13.4
    Bloom’s: Knowledge

    Learning Objective 13.5 Recognize the importance of using the project management processes.

    13. A recent survey of Project Management techniques indicated the highest use of which
    techniques?
    a. Time management tools.
    b. Preplanned report formats.
    c. Risk analysis
    d. Contingency planning.

    Ans: a
    Response: Refer to Section 13.5
    Bloom’s: Knowledge
    14. A recent survey of Project Management techniques indicated the lowest use of which
    techniques?
    a. Time management tools.
    b. Preplanned report formats.
    c. Risk analysis
    d. Contingency planning.

    Ans: c
    Response: Refer to Section 13.5
    Bloom’s: Knowledge

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