12
Closing Process Group

Project Management: Closing Process Group - Lesson 5

Embed Size (px)

Citation preview

Page 1: Project Management: Closing Process Group - Lesson 5

Closing Process Group

Page 2: Project Management: Closing Process Group - Lesson 5

2 JMBOK Academy is a PMI Approved Registered Education Provider | JMBOKAcademy.com

Question #1

Question: In which process group is the impact of changes the costliest to the project?

a)Initiatingb)Planningc)Executing d)Closing

Page 3: Project Management: Closing Process Group - Lesson 5

3 JMBOK Academy is a PMI Approved Registered Education Provider | JMBOKAcademy.com

Q#1 Answer

d) Closing

Explanation: The impact of changes is costliest at or near the end of the project because the work is near completion.

Process Group: Closing Source: PMBOK® (5th, p. 51) Difficulty: Level 2

Page 4: Project Management: Closing Process Group - Lesson 5

4 JMBOK Academy is a PMI Approved Registered Education Provider | JMBOKAcademy.com

Question #2

Question Which of the following does NOT take place during project closure?

a)Obtain deliverable acceptance by the customer or sponsorb)Submit change requestsc)Document lessons learnedd)Finalize and close out procurements

Page 5: Project Management: Closing Process Group - Lesson 5

5 JMBOK Academy is a PMI Approved Registered Education Provider | JMBOKAcademy.com

Q#2 Answer

b) Submit change requests

Explanation: In Monitoring and Controlling, the scope (work) was validated. Therefore, change requests should have taken place earlier, and not during Closing.

Process Group: Closing Source: PMBOK® (5th, p. 58) Difficulty: Level 2

Page 6: Project Management: Closing Process Group - Lesson 5

6 JMBOK Academy is a PMI Approved Registered Education Provider | JMBOKAcademy.com

Question #3

Question: In sequential order of completion, what are the two processes of the Closing Process Group?

a)Close Project, Close Procurementsb)Control Scope, Validate Scopec)Validate Scope, Control Scoped)Close Procurements, Close Project

Page 7: Project Management: Closing Process Group - Lesson 5

7 JMBOK Academy is a PMI Approved Registered Education Provider | JMBOKAcademy.com

Q#3 Answer

d) Close Procurements, Close Project

Explanation: The procurements are closed first, and followed by closing the project.

Process Group: Closing Source: PMBOK® (5th, p. 61) Difficulty: Level 1

Page 8: Project Management: Closing Process Group - Lesson 5

8 JMBOK Academy is a PMI Approved Registered Education Provider | JMBOKAcademy.com

Question #4

Question: : All the following are organizational process assets in the Close Project or Phase EXCEPT:

a)Project filesb)Project or project phase close documentsc)Analytical techniquesd)Historical information

Page 9: Project Management: Closing Process Group - Lesson 5

9 JMBOK Academy is a PMI Approved Registered Education Provider | JMBOKAcademy.com

Q#4 Answer

c) Analytical techniques

Explanation: Analytical techniques are a Tool & Technique of Close Project or Phase; examples include regression analysis and trend analysis.

Process Group: Closing Source: PMBOK® (5th, p. pp. 103-104) Difficulty: Level 2

Page 10: Project Management: Closing Process Group - Lesson 5

10 JMBOK Academy is a PMI Approved Registered Education Provider | JMBOKAcademy.com

Question #5

Question: : A few months after Project Pipeline is complete, the project manager receives a call from Accounts Payable in South Dakota. It was discovered that a vendor is still being paid for a heavy equipment lease. Which process did the project manager fail to address?

a)Close Projectb)Close Procurements c)Close Vendor Accountd)Final Vendor Account Review

Page 11: Project Management: Closing Process Group - Lesson 5

11 JMBOK Academy is a PMI Approved Registered Education Provider | JMBOKAcademy.com

Q#5 Answer

b) Close Procurements

Explanation: Close Procurements is the process of completing each procurement, and includes audits and negotiations.

Process Group: Closing Source: PMBOK® (5th, p. 386) Difficulty: Level 2

Page 12: Project Management: Closing Process Group - Lesson 5

12 JMBOK Academy is a PMI Approved Registered Education Provider | JMBOKAcademy.com

PM QuickStart – FREE PMP®

Training!

PM Now! – Comprehensive CAPM® and PMP® training!

Exam-like questions with

voiceover for more details. Go to JMBOKAcademy.com

Pass Your PMP® Exam