Project Management Closure Quiz

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Questions and Answers

Which of the following types of project closure refers to a project that is completed early with some parts eliminated?

  • Normal
  • Premature (correct)
  • Failed Project
  • Perpetual

Project closure is an optional phase in the project management lifecycle.

False (B)

Name one responsibility of a Project Manager within the construction team.

Managing project scope, cost, or quality.

The _____ phase is the last stage in the project management lifecycle.

<p>closure</p> Signup and view all the answers

Match each type of project closure with its description:

<p>Normal = Project is completed as expected Perpetual = Project with constant add-ons Failed Project = Project is easily identified and closed Changed Priority = Closure due to shifting organizational goals</p> Signup and view all the answers

What is one major benefit of formally closing a project?

<p>Ensures clear handover to the client (C)</p> Signup and view all the answers

The financial aspects of a project should be finalized only after project system closure.

<p>True (A)</p> Signup and view all the answers

Name one activity involved in the project closure process.

<p>Documentation</p> Signup and view all the answers

At the end of a project, it is important to close down all project ______ to ensure proper closure.

<p>systems</p> Signup and view all the answers

Match the following project closure activities with their descriptions:

<p>Documentation = Capturing lessons learned Project Systems Closure = Closing financial systems Project Reviews = Assessing project performance Disband the Project Team = Evaluating individual contributions</p> Signup and view all the answers

What is the main purpose of a post project review?

<p>To evaluate how well the project was managed (D)</p> Signup and view all the answers

Lessons learned sessions only focus on negative experiences during the project.

<p>False (B)</p> Signup and view all the answers

What is typically reviewed 3 to 6 months after project closure?

<p>Benefits Review</p> Signup and view all the answers

The process of gathering, documenting, and analysing feedback during a project is known as __________.

<p>lessons learned</p> Signup and view all the answers

Match the following outcomes to their descriptions:

<p>Positive experiences = Ideas that improve project efficiency or save money Negative experiences = Lessons learned after an undesirable outcome occurs</p> Signup and view all the answers

Which of the following documents is NOT typically part of the project archiving process?

<p>Budget Forecast (C)</p> Signup and view all the answers

Client commissioning primarily focuses on the engineering aspects of the project.

<p>False (B)</p> Signup and view all the answers

What is the purpose of conducting a project review?

<p>To measure performance of all aspects of the project including time, cost, and quality.</p> Signup and view all the answers

A __________ is typically undertaken at the end of a project phase to confirm its continued viability.

<p>gate review</p> Signup and view all the answers

Match the types of project reviews with their descriptions:

<p>Project Evaluation Review = Additional monitoring to ensure project management integrity Gate Reviews = Review points determining project viability Audits = Assessment by an independent body for management assurance Post Project Reviews = Evaluation after project completion to capture lessons learned</p> Signup and view all the answers

What is a key component of stakeholder satisfaction in project management?

<p>Confirming that project requirements have been met (A)</p> Signup and view all the answers

All project reviews aim solely to measure financial performance.

<p>False (B)</p> Signup and view all the answers

The document that summarizes lessons learned during a project is known as the __________.

<p>Post Implementation Review</p> Signup and view all the answers

Flashcards

Project Closure

The final stage of a project where all loose ends are tied up, results are communicated, and the team is debriefed.

Normal Project Closure

This occurs when a project is finished according to the original plan and objectives.

Premature Project Closure

This happens when a project is completed early, often because some parts are eliminated.

Perpetual Project Closure

These projects never seem to end, often due to continuous 'add-ons' that suggest a poorly defined scope.

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Failed Project Closure

Occurs when a project fails to meet its objectives, making it easy to identify and close down.

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Clear handover

Ensuring the project's deliverables are officially transferred to and accepted by the client.

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Stocktaking of achievement

Allowing project team members to reflect on project achievements and shortcomings.

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Financial control

Finalizing financial aspects like invoices, expenses, and closing project accounts.

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Focus for benefits realisation

Formal closure helps ensure the organization is committed to realizing the benefits of the project.

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Disband the project team

Analyzing the individual contributions and commitment of each project team member.

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Stakeholder satisfaction

Ensuring that project deliverables meet the needs of the sponsor, client, and other stakeholders.

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Project Document Archiving

A formal process of transferring project documents and information to the client or organization.

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Handover and Commissioning

The gradual transfer of completed project components for operation and use.

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Engineering Commissioning

Ensuring the technical systems of the project are functioning correctly.

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Client Commissioning

Preparing facilities for use by the client.

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Project Review

A systematic evaluation of the project's performance, including time, cost, and quality.

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Project Evaluation Review

Regular checks during the project to ensure it is on track and managed correctly.

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Gate Reviews

Reviews at specific milestones to confirm the project's viability and progress.

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Post Project Review

A review conducted before formally closing a project. It evaluates how well the project was managed, and its report is distributed to stakeholders including the sponsor, manager, team, and key stakeholders.

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Benefits Review

A review done 3-6 months after project closure to assess if the project achieved its goals or is on track to do so.

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Lessons Learned

The process of collecting, recording, and analyzing project feedback to learn from past experiences and improve future projects.

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Lessons Learned Session

A meeting where project team members discuss project successes, areas for improvement, and recommendations for future projects.

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Lessons Learned: Positive & Negative

Learning from both positive experiences (good ideas) and negative experiences (lessons learned after undesirable outcomes).

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Study Notes

Course Information

  • Course Title: PROJECT MANAGEMENT
  • Course Code: 0404438
  • Course Leader: Prof. Alex Opoku (PhD, MSc, BSc (Hons), PGCHE, FHEA, MCIOB, FRICS), Professor of Sustainable Built Environment

Lecture Overview

  • Topic: Project Review and Close-out

Course Learning Outcomes

  • Understand what a project is, Project Management, and the Project Manager's role in a construction team.
  • Understand how Project Managers manage projects (scope, time, cost, quality, human resources, communications, risk, and procurement).
  • Learn methods for estimating time and cost, and managing quality in construction.
  • Learn theories of leadership, communication, motivation, and conflict management within teams.
  • Understand Procurement and Risk management and their relationship.

Project Closure

  • The project closure phase is the final stage of the project lifecycle.
  • It formally ends a project.
  • It's a critical phase in project management.
  • It involves tying up loose ends, communicating results, and debriefing with the team.

Types of Project Closure

  • Normal: Completing a project as planned.
  • Premature: Completing a project early, sometimes eliminating parts.
  • Perpetual: Projects that never seem to end with continuous "add-ons," suggesting a poorly defined scope.
  • Failed: Easily identifiable projects with negative outcomes.
  • Changed Priority: Projects altered or canceled due to organizational changes.

Benefits of Formal Project Closure

  • Clear Handover: Ensuring products are formally handed to and accepted by the client.
  • Achievement Review: Providing time for team members to reflect on accomplishments and shortcomings.
  • Financial Control: Completing financial tasks (invoices, expenses, accounts, cost centers).
  • Benefits Realization: Securing commitment from the business to benefit realization.

Project Closure Activities

  • Documentation: Capturing lessons learned throughout the project and making them an asset.
  • Project Systems Closure: Closing down all project systems (e.g., financial systems).
  • Project Reviews: Reviewing the project after all relevant systems are closed.
  • Team Disbandment: Disbanding the project team efficiently to cut unnecessary overhead costs.
  • Stakeholder Satisfaction: Actions confirming the project met stakeholders' requirements.

Archiving Project Documents

  • Project Initiation Documents (PID).
  • Stakeholder Analysis and Communications Plans.
  • Change Requests and revisions to PID's
  • End of Project Report.
  • Post Implementation Review.
  • Project Plan.
  • Relevant meeting notes.
  • Tender and contracting documentation.

Handover and Commissioning

  • Transferring project components into use/occupation.
  • Engineering commissioning: approvals, appliance testing, and certificates.
  • Client commissioning: facility readiness for use and client interaction.

Project Reviews

  • Measuring project performance (time, cost, and quality).
  • Facilitating organizational learning.

Types of Project Reviews

  • Project Evaluation Review: Additional monitoring.
  • Gate Reviews: Senior management assessment of project viability.
  • Audits: Independent review of project management.
  • Post Project Reviews: Operational review of project management.
  • Benefits Review: Formal review of project objectives (3-6 months post).

Lessons Learned

  • Gathering feedback, documenting, and analyzing events to improve future projects.
  • Identifying project successes and areas for improvement.
  • Providing recommendations to future project teams.
  • Drawing on both positive and negative experiences.

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