Chapter 9 Closing the Project questions
and answers with solutions
The process of closing the project involves various actions, including: - ANSWER Collecting and
making final payments
Recognizing and evaluating staff
Conducting a post-project evaluation
Documenting lessons learned
Organizing and archiving project documents
Activities associated with closing the project should be identified and included in the project -
ANSWER baseline plan
The fourth and final phase of the project lifecycle is - ANSWER closing the project (closing
phase)
`Successful projects should end in some type of - ANSWER recognition or celebration
What are the two types of internal post-project evaluation meetings the PM should have? -
ANSWER AN individual meeting with each team member
A group meeting with the entire project time
The purpose of identifying and documenting lessons learned is to capitalize on knowledge &
experience gain on a project in order to - ANSWER improve performance on future projects
The project team should ____ wait until the end of the project to capture and document
______ _______. - ANSWER not, lessons learned
, During the project closing, copies of the project documentation should be properly ___, ___,
and ___. - ANSWER organized, filed, archived
Three reasons for having a post-project evaluation meeting with the customer: - ANSWER 1.
Determine whether the project provided the customer with expected benefits
2. To assess the level of customer satisfaction
3. To obtain feedback
For a contractor, what are 2 potential consequences of having a project terminated early by a
customer who is not satisfied? - ANSWER 1. Contractor may suffer a financial loss
2. Contractors reputation will be tarnished.
Final Payments include: - ANSWER Payments from customer
Payment to others
Account closing
Payments from customer - ANSWER Assuring that all the payments have been collected from
the customer is an activity that must be performed during the closing phase.
Payments to others - ANSWER All payments have been made to anyone else that was apart of
the project.
Such as; subcontractors, consultants, vendors, or suppliers for any purchased materials or
services
Account Closing - ANSWER Once all payments have been received & made, the project "books"
or accounting records, can be closed.
and answers with solutions
The process of closing the project involves various actions, including: - ANSWER Collecting and
making final payments
Recognizing and evaluating staff
Conducting a post-project evaluation
Documenting lessons learned
Organizing and archiving project documents
Activities associated with closing the project should be identified and included in the project -
ANSWER baseline plan
The fourth and final phase of the project lifecycle is - ANSWER closing the project (closing
phase)
`Successful projects should end in some type of - ANSWER recognition or celebration
What are the two types of internal post-project evaluation meetings the PM should have? -
ANSWER AN individual meeting with each team member
A group meeting with the entire project time
The purpose of identifying and documenting lessons learned is to capitalize on knowledge &
experience gain on a project in order to - ANSWER improve performance on future projects
The project team should ____ wait until the end of the project to capture and document
______ _______. - ANSWER not, lessons learned
, During the project closing, copies of the project documentation should be properly ___, ___,
and ___. - ANSWER organized, filed, archived
Three reasons for having a post-project evaluation meeting with the customer: - ANSWER 1.
Determine whether the project provided the customer with expected benefits
2. To assess the level of customer satisfaction
3. To obtain feedback
For a contractor, what are 2 potential consequences of having a project terminated early by a
customer who is not satisfied? - ANSWER 1. Contractor may suffer a financial loss
2. Contractors reputation will be tarnished.
Final Payments include: - ANSWER Payments from customer
Payment to others
Account closing
Payments from customer - ANSWER Assuring that all the payments have been collected from
the customer is an activity that must be performed during the closing phase.
Payments to others - ANSWER All payments have been made to anyone else that was apart of
the project.
Such as; subcontractors, consultants, vendors, or suppliers for any purchased materials or
services
Account Closing - ANSWER Once all payments have been received & made, the project "books"
or accounting records, can be closed.
