Monday, December 20, 2010

MPM 004 - Project Closeout (PGCPM Questions and Answers - 3)

41.  What is not the part of purchase order close out?

 A  Operating instructions

 B  Compliance with delivery terms

 C  Preparing project management plan

 D  Vendor’s Claims

 

42.  Which is not the part of core element of contract?

 A  Payment terms

 B  Company leave policy

 C  Statement of work

 D  None of the above

 

43.  Which agreement is signed to keep the information secret between client and contractor?

 A  Letter of authorization

 B  Subcontractor agreement

 C  Contract

 D  Non-disclosure agreement

 

44.  When is the project close out reports prepared?

 A  Planning stage

 B  Implementation life cycle

 C  End of the project

 D  Execution stage

 

45.  Which documents are ensured to be closed in project close out?

 A  Risk management log

 B  Project change log

 C  A & B

 D  None of the above

 

46.  Which resources are included in resource close out?

 A  Man

 B  Material

 C  Equipment

 D  All of the above

 

 

47.  What is not true for team close out?

 A  The team resources are returned after the completion of project

 B  It is not a good practice to conduct close out meeting even if the project is terminated early.

 C  Meeting for close out or celebration to be conducted

 D  The project manager ensures that the stakeholders should be made aware of any remaining work

 

48.  Which aspect is included during lessons learnt from projects?

 A  Positive

 B  Negative

 C  Both

 D  None of the above

 

 49.  What is necessary to accept a project?

 A  Project Plan

 B  Meeting acceptance criteria

 C  Executing a project

 D  Resource allocation

 

50.  When is the project acceptance done?

 A  Project had satisfied requirement with some minor errors/omissions

 B  Project had not satisfied the acceptance

 C  Project had satisfied the acceptance

 D  At the implementation stage

 

51.  When the project is considered successful?

 A  When deliverables are by & large handed over to a client

 B  When all the deliverables as per checklist are delivered

 C  When project team members are dispersed

 D  When the total payment is received by the contractor

 

52.  What are the methods of project evaluation?

 A  Project Audits

 B  Quality Control

 C  Post Implementation Reviews

 D  A & C

 

53.  Which of the following is considered for post project evaluation review?

 A  Overall cost of the project

 B  The improvements done in the project in communication techniques, project mission, risk management and planning.

 C  Analysis of lessons learnt to benefit future projects

 D  All of the above

 

54.  When is the project health check done?

 A  Regular interval throughout the project

 B  Start of the project

 C  A & B

 D  None of the above

55.  What is true of project audit?

 A  It assesses the performance of the project

 B  It ensures that right team skills are available

 C  It detects the irregularities as early as possible to prevent damage at the later stages of project

 D  None of the above

 

56.  Which is not the step for post project evaluation?

 A  Conducting post project evaluation review meeting

 B  Preparation for post project evaluation review meeting

 C  Conducting kick off meeting

 D  None of the above

 

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