Project Management Basics - Module 6
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Questions and Answers

What is one major deliverable of project closure?

  • Initiating new projects
  • Team expansion
  • Establishing future budgets
  • Wrapping up the project (correct)
  • Which activity is involved in project audit?

  • Writing new project proposals
  • Budget reallocation
  • Establishing project goals
  • Post-project reviews (correct)
  • What role do checklists play in the wrapping up phase of a project?

  • Checklists guarantee the project is under budget.
  • Checklists ensure tasks are not overlooked. (correct)
  • Checklists ensure easy communication with stakeholders.
  • Checklists simplify the budget approval process.
  • What does performance evaluation in project closure typically involve?

    <p>Evaluation of team and individual performances</p> Signup and view all the answers

    What can complicate project closure?

    <p>Unclear project scope statement</p> Signup and view all the answers

    Who typically executes the majority of closure tasks in larger organizations?

    <p>The project office in coordination with the project manager</p> Signup and view all the answers

    What is a key benefit of good project closure?

    <p>Better team collaboration in the future</p> Signup and view all the answers

    How are closure activities typically managed in smaller organizations?

    <p>The project manager and team handle them.</p> Signup and view all the answers

    What are the main types of project closure identified?

    <p>Normal and Failed Project</p> Signup and view all the answers

    Which element is essential for effective project evaluation?

    <p>Setting clear expectations</p> Signup and view all the answers

    What is often overlooked in organizational evaluations according to practitioners?

    <p>Quality of information exchanged</p> Signup and view all the answers

    Which of the following is NOT a reason for the limitations on evaluations of individuals?

    <p>Evaluations are always conducted by peers</p> Signup and view all the answers

    Which condition must be satisfied for effective team evaluation?

    <p>Standards for measuring performance exist</p> Signup and view all the answers

    What do organizations often fail to measure that impacts project success?

    <p>Project deliverables' quality</p> Signup and view all the answers

    What factors should be considered in evaluating team performance beyond typical measures?

    <p>Team cohesion and decision-making processes</p> Signup and view all the answers

    Which of the following is NOT recommended during the evaluation of a project team?

    <p>Focusing solely on project budgets</p> Signup and view all the answers

    What is one of the main goals of project closure?

    <p>To improve performance of future projects</p> Signup and view all the answers

    In a balanced matrix organization, who is jointly responsible for evaluating an individual's performance?

    <p>The project manager and the area manager</p> Signup and view all the answers

    Which of the following is NOT part of the major closure deliverables?

    <p>Tasks for new project initiation</p> Signup and view all the answers

    What procedure is gaining acceptance as an effective method for performance appraisal?

    <p>360-degree feedback</p> Signup and view all the answers

    Which of the following criteria should be used for team evaluation beyond conventional metrics?

    <p>Team synergy and dynamics</p> Signup and view all the answers

    Which of the following reflects a successful project team culture?

    <p>Relatively high level of trust</p> Signup and view all the answers

    What does the wrap-up activity of project closure not include?

    <p>Evaluating project team performance</p> Signup and view all the answers

    What role primarily assesses an individual’s performance in a project matrix organization?

    <p>The project manager</p> Signup and view all the answers

    Study Notes

    Project Management Basics - Module 6

    • Project closure is about successfully completing a project on time and within budget
    • Good closure leads to positive reviews and increased word-of-mouth referrals
    • Key activities include: Facilities, Customer, and Vendor reports
    • Project deliverables are evaluated and individuals' performance is assessed for future projects
    • Project audits involve post-project reviews, analyzing success, and identifying lessons learned
    • Team and individual performance evaluations are needed to improve project management
    • Project evaluations are crucial for the team to learn from previous projects

    Types of Project Closure

    • Normal closure is when the project ends as planned
    • Premature closure occurs when the project ends before completion
    • Failed projects are projects that do not meet their goals
    • Changed priority projects are projects whose objectives change during the project cycle
    • Perpetual projects are projects that continue indefinitely

    Post-Implementation Evaluation

    • Project evaluation assesses how well a project was managed by the team, team members, and project manager

    • Evaluation encourages behavioral change, professional development and continuous improvement within the organization

    • Evaluation criteria should be established before the project begins, including expectations, standards, culture and constraints

    • Team evaluation is vital; lack of team evaluation can indicate issues in the organization

    • Individual team member evaluations can be important as a part of the overall performance

    • The quality of the deliverables is the direct responsibility of the team, and it significantly impacts success

    • The performance evaluation of individuals and teams influences organizational culture and productivity

    Essential Evaluation Criteria Before a Project Starts

    • Goals and expectations need to be clearly defined and attainable
    • Individual and team responsibilities should be clear
    • Reward systems and clear career paths need to exist.
    • Internal team trust is important
    • Projects should be evaluated beyond time, cost, and specifications

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    Description

    Explore the essential components of project closure in this Module 6 quiz. Learn the importance of evaluating project deliverables, assessing team performance, and conducting post-project reviews. Understand different types of project closures and their implications on project success.

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