Project Management Day 9 Questions

What is the primary purpose of project closing activities?

• Reduce project costs

• Verify completion and archive lessons learned

• Ensure team satisfaction

• Close vendor contracts only

Which document is signed to formally approve project completion?

• Project Charter

• Contract

• Project Sponsor Signoff

• Status Report

What is a benefit of archiving project documentation?

• Reduce project costs

• Improve team morale

• Provide insights for future projects

• Eliminate future risks

Which activity is included in project closing?

• Scope definition

• Finalizing deliverables

• Approving change requests

• Assigning new team members

What is the final step in closing contracts?

• Archiving documents

• Verifying obligations are met

• Scheduling follow-ups

• Creating new contracts

Which activity documents what went well and areas for improvement?

• Change Management

• Lessons Learned

• Scope Management

• Budget Analysis

What does project sponsor signoff confirm?

• Deliverables meet agreed-upon standards

• Team morale is high

• Budget surplus is available

• Changes are approved

Which is NOT a step in project closing?

• Verifying deliverables

• Tracking budgets

• Archiving documentation

• Gaining formal approval

Why are lessons learned important?

• To identify team weaknesses

• To improve future projects

• To avoid contract disputes

• To reduce closing time

What should be done with incomplete deliverables?

• Cancel the project

• Document them as exceptions

• Ignore them

• Reassign the team