Project Management - Qp5

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| By Jackson Matthews
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Jackson Matthews
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Quizzes Created: 588 | Total Attempts: 709,671
| Attempts: 211
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  • 1/8 Questions

    The purpose of evaluating a project is not to find fault or blame but to learn from a project's experience and to improve on future performance.

    • True
    • False
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About This Quiz

Project Management - QP5 explores the critical steps of project closure and evaluation. It assesses understanding of project implementation, monitoring, and final evaluation phases, focusing on learning from shortcomings and ensuring successful project completion.

Project Management - Qp5 - Quiz

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  • 2. 

    The evaluation of a project is not only about how successful a project is, but should also be an instructional exercise which investigates all the _______ that occurred during the project cycle.

    • Shortcomings.

    • Budget costs.

    • Management Skills

    • Administrative duties

    Correct Answer
    A. Shortcomings.
    Explanation
    The evaluation of a project should not only focus on its success but also on identifying and analyzing the shortcomings that occurred during the project cycle. This helps in learning from mistakes and improving future projects. By examining the shortcomings, project managers can identify areas where improvements are needed, whether it be in budget costs, management skills, or administrative duties. This comprehensive evaluation ensures that lessons are learned and applied to future projects, leading to better outcomes.

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  • 3. 

    Strict closing procedures should be applied by the Project Management to ensure the conclusion of a successful project, namely:-   (Select Four)

    • A declaration of a project's imminent completion.

    • The reassignment of resources.

    • A relaxation of schedule discipline.

    • The completion of final and necessary documentation.

    • Consideration of project sustainability.

    Correct Answer(s)
    A. A declaration of a project's imminent completion.
    A. The reassignment of resources.
    A. The completion of final and necessary documentation.
    A. Consideration of project sustainability.
    Explanation
    Strict closing procedures are necessary to ensure the successful conclusion of a project. A declaration of a project's imminent completion is important to communicate that the project is coming to an end. The reassignment of resources is necessary to reallocate them to other projects or tasks once the current project is completed. The completion of final and necessary documentation is important for record-keeping and to ensure that all project deliverables are properly documented. Consideration of project sustainability is important to evaluate the long-term impact and viability of the project.

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  • 4. 

    Failure on the part of project management to close a project properly and to the satisfaction of all involved, can be attributed to:-   (Select Five)

    • Poor monitoring.

    • Lack of effective supervision or leadership.

    • Pre-mature confidence in a project's momentum to reach completion on its own.

    • General disinterest or attention (perhaps due to boredom) with the remaining tasks.

    • Wage dispute

    • A relaxation of schedule discipline.

    Correct Answer(s)
    A. Poor monitoring.
    A. Lack of effective supervision or leadership.
    A. Pre-mature confidence in a project's momentum to reach completion on its own.
    A. General disinterest or attention (perhaps due to boredom) with the remaining tasks.
    A. A relaxation of schedule discipline.
    Explanation
    Failure to close a project properly and to the satisfaction of all involved can be attributed to poor monitoring, as it indicates a lack of oversight and control over the project's progress. Lack of effective supervision or leadership can also contribute to this failure, as it suggests a lack of guidance and direction for the team. Pre-mature confidence in a project's momentum to reach completion on its own can lead to neglecting necessary tasks and ultimately failing to close the project successfully. General disinterest or attention, possibly due to boredom, with the remaining tasks can result in incomplete or unsatisfactory project closure. A relaxation of schedule discipline can cause delays and hinder the proper closure of the project.

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  • 5. 

    Conditions which improve the possibility for successful project management include a:-    (Select Five)

    • Well established and closely followed time frame.

    • Clearly formulated goal and set of objectives.

    • Close tie between performance and expectations.

    • Realistic and not exaggerated budget or cost plan.

    • Design and implementation process.

    • Correctly chosen and economically used set of resources.

    Correct Answer(s)
    A. Well established and closely followed time frame.
    A. Clearly formulated goal and set of objectives.
    A. Close tie between performance and expectations.
    A. Realistic and not exaggerated budget or cost plan.
    A. Correctly chosen and economically used set of resources.
    Explanation
    The conditions that improve the possibility for successful project management are a well-established and closely followed time frame, a clearly formulated goal and set of objectives, a close tie between performance and expectations, a realistic and not exaggerated budget or cost plan, and a correctly chosen and economically used set of resources. These conditions ensure that the project is properly planned and executed, with clear goals and expectations, a realistic budget, and efficient use of resources. By closely following the time frame and performance expectations, the project can stay on track and achieve its objectives effectively.

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  • 6. 

    A post-project appraisal can also take on many different formats:-       (Select Three)

    • Risk-Worthiness

    • Economic approaches.

    • Physical planning approaches.

    • Social impact assessments.

    Correct Answer(s)
    A. Economic approaches.
    A. Physical planning approaches.
    A. Social impact assessments.
    Explanation
    A post-project appraisal is a process that evaluates the success and impact of a project after its completion. It can be conducted using various approaches, including economic approaches, physical planning approaches, and social impact assessments. Economic approaches assess the financial viability and cost-effectiveness of the project. Physical planning approaches evaluate the physical aspects and infrastructure of the project. Social impact assessments examine the project's effects on the community and society. These three approaches provide a comprehensive evaluation of different aspects of the project's performance and impact.

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  • 7. 

    The final phase of the project cycle: the Project Implementation and Evaluation phase, and by this stage, any amendments, adjustments and changes required to achieve a project's objectives should have been well managed and the end goal is in sight.

    • True

    • False

    Correct Answer
    A. False
    Explanation
    The explanation for the answer "False" is that the final phase of the project cycle is not just the Project Implementation and Evaluation phase. There are usually additional phases such as project planning, design, and development that come before the implementation and evaluation phase. Therefore, it is incorrect to say that all amendments, adjustments, and changes should have been well managed by this stage, as there may still be ongoing modifications and improvements needed throughout the project.

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  • Current Version
  • Mar 20, 2023
    Quiz Edited by
    ProProfs Editorial Team
  • Feb 19, 2014
    Quiz Created by
    Jackson Matthews
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