Project Management - Qp5
-
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
-
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.
Quiz Preview
- 2.
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.Rate this question:
-
- 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.Rate this question:
-
- 4.
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
Correct Answer
A. TrueExplanation
The statement is true because the purpose of evaluating a project is to gain insights and lessons from its experience, rather than focusing on finding fault or blame. Evaluation helps in identifying areas of improvement and understanding what worked well and what didn't, allowing for better future performance. It encourages a positive and constructive approach towards learning and growth.Rate this question:
-
- 5.
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.Rate this question:
-
- 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.Rate this question:
-
- 7.
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.Rate this question:
-
Quiz Review Timeline (Updated): Mar 20, 2023 +
Our quizzes are rigorously reviewed, monitored and continuously updated by our expert board to maintain accuracy, relevance, and timeliness.
-
Current Version
-
Mar 20, 2023Quiz Edited by
ProProfs Editorial Team -
Feb 19, 2014Quiz Created by
Jackson Matthews
Back to top