
Topic 9 - DTF Quiz
Quiz
•
Design
•
12th Grade
•
Practice Problem
•
Hard
Sharman Sundarajoo
Used 2+ times
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10 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the purpose of Technology Readiness Levels (TRL)?
To determine project closing activities
To measure a system's maturity of technology components
To assess the profitability of a business model
To evaluate project validation
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What does MVP stand for in the context of project validation?
Main Validation Process
Minimum Viable Product
Maximum Viable Product
Most Valuable Product
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the final phase of the project management lifecycle that involves concluding all project activities and finalizing documentation?
Project Closing
Project Execution
Project Initiation
Project Validation
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the purpose of the Contract Closure process in project closing?
To finalize all project finances
To release project resources
To ensure all contractual obligations are met
To evaluate project performance
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the main tool and technique used in Contract Closure to review the entire procurement process?
Negotiated Settlements
Records Management System
Financial Closure
Procurement Audits
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the primary goal of Negotiated Settlements in the context of project procurement closure?
To finalize all outstanding issues, claims, and disputes through negotiation
To archive project documentation
To prepare final reports for stakeholders
To conduct a post-mortem analysis of the project
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the main purpose of the Project Closing phase in project management?
To evaluate project success
To initiate a new project
To gather project resources
To conclude all project activities and finalize documentation
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