Contract documentation is an input to both the Close Project and Contract Closure processes. Contract documentation might include all of the following except for which one? A. Supporting documents B. Contract changes C. Financial documents D. Procurement audit documents

Contract documentation is an input to both the Close Project and Contract Closure 

processes. Contract documentation might include all of the following except for which 

one? 

A. Supporting documents

B. Contract changes

C. Financial documents

D. Procurement audit documents
by

1 Answer

Answer :

D. Procurement audit documents
by

Related questions

Which of the following processes are performed in the Closing process group and in what order? A. Contract Closure and then Close Project B. Scope Verification and then Close Project C. Contract Closure and then Scope Verification D. Close Project and then Contract Closure

Description :  Which of the following processes are performed in the Closing process group and in  what order?  A. Contract Closure and then Close Project B. Scope Verification and then Close Project C. Contract Closure and then Scope Verification D. Close Project and then Contract Closure

Last Answer : A. Contract Closure and then Close Project

The outputs of the Close Project process include all of the following except for which one? A. Administrative closure procedure B. Formal acceptance C. Lessons learned D. Closed contracts

Description : The outputs of the Close Project process include all of the following except for which one?  A. Administrative closure procedure B. Formal acceptance C. Lessons learned D. Closed contracts

Last Answer : C. Lessons learned

When a project has completed the handover and closure phase: a. the project deliverables are ready for commissioning. b. the project deliverables are ready for handing over to the users. c. the project documentation must be disposed of. d. the capability is now in place for the benefits to be realized.

Description : When a project has completed the handover and closure phase: a. the project deliverables are ready for commissioning. b. the project deliverables are ready for handing over to the users. c. the project ... must be disposed of. d. the capability is now in place for the benefits to be realized.

Last Answer : d. the capability is now in place for the benefits to be realized.

Project closure involves releasing the final product to the customer, handing over the project documentation, manuals, source code, and network layouts. (True/False)

Description : Project closure involves releasing the final product to the customer, handing over the  project documentation, manuals, source code, and network layouts. (True/False)

Last Answer : Ans. True

When a project has completed the handover and closure phase: a. the project deliverables are ready for commissioning. b. the project deliverables are ready for handing over to the users. c. the project documentation must be disposed of. d. the capability is now in place for the benefits to be realised.

Description : When a project has completed the handover and closure phase:  a. the project deliverables are ready for commissioning.  b. the project deliverables are ready for handing over to the users.  c. the ... must be disposed of.  d. the capability is now in place for the benefits to be realised.

Last Answer : d. the capability is now in place for the benefits to be realised.

Project close out check list do not include the followings A. Confirm the customer satisfaction B. Check that all the project criteria of the project have been met C. Confirm all the deliverables have been given to the customer D. Changes suggested by Stockholder have not been delivered

Description : Project close out check list do not include the followings A. Confirm the customer satisfaction  B. Check that all the project criteria of the project have been met C. Confirm all the deliverables have been given to the customer  D. Changes suggested by Stockholder have not been delivered

Last Answer : D. Changes suggested by Stockholder have not been delivered

Configuration management is best described as: a. control in the implementation of changes to project schedules. b. an organization to review proposed changes to the project deliverables. c. quality control of project deliverables and documentation. d. creation, maintenance and controlled change of the project deliverables.

Description : Configuration management is best described as: a. control in the implementation of changes to project schedules. b. an organization to review proposed changes to the project deliverables ... and documentation. d. creation, maintenance and controlled change of the project deliverables.

Last Answer : d. creation, maintenance and controlled change of the project deliverables.

Configuration management is best described as: a. control in the implementation of changes to project schedules. b. an organisation to review proposed changes to the project deliverables. c. quality control of project deliverables and documentation. d. creation, maintenance and controlled change of the project deliverables.

Description : Configuration management is best described as:  a. control in the implementation of changes to project schedules.  b. an organisation to review proposed changes to the project deliverables ... and documentation.  d. creation, maintenance and controlled change of the project deliverables.

Last Answer : d. creation, maintenance and controlled change of the project deliverables.

) One of the initial project documents, issued by senior management, which outlines the authority of the project manager, is called Project charter. As a seller, what other document can be used in this place: 1. Work breakdown structure 2. Project scope 3. Contract 4. Internal memo

Description : ) One of the initial project documents, issued by senior management, which outlines the  authority of the project manager, is called Project charter. As a seller, what other document can  be used in this place: 1. Work breakdown structure  2. Project scope  3. Contract  4. Internal memo

Last Answer : 3. Contract

Which of the following does NOT generate changes to the Project documents: A. Define Activities B. Sequence Activities C. Estimate Activity Resources D. Estimate Activity Durations

Description : Which of the following does NOT generate changes to the Project documents: A. Define Activities B. Sequence Activities C. Estimate Activity Resources D. Estimate Activity Durations

Last Answer : A. Define Activities

Each of the following statements is true regarding the risk management plan except for which one? A. The risk management plan is an output of the Risk Management Planning process. B. The risk management plan includes a description of the responses to risks and triggers. C. The risk management plan includes thresholds, scoring and interpretation methods, responsible parties, and budgets. D. The risk management plan is an input to all the remaining risk-planning processes.

Description : Each of the following statements is true regarding the risk management plan except  for which one?  A. The risk management plan is an output of the Risk Management Planning process. B. The risk ... and budgets. D. The risk management plan is an input to all the remaining risk-planning processes.

Last Answer : B. The risk management plan includes a description of the responses to risks and  triggers.

)The fixed price contract is advantageous to the buyer because it: 1. requires extremely well defined specifications 2. requires formal procedures for scope changes 3. contractor assumes financial and technical risk 4. has a known cost

Description : )The fixed price contract is advantageous to the buyer because it: 1. requires extremely well defined specifications  2. requires formal procedures for scope changes  3. contractor assumes financial and technical risk  4. has a known cost

Last Answer : 3. contractor assumes financial and technical risk

Project Scope: 1. is of concern only at the start of the project 2. is mainly a problem to be handled by the change control procedures during the project execution phase. 3. Should be managed and controlled from the project concept through close-out 4. is usually not a problem after the contract or other document authorizing the project has been approved.

Description : Project Scope: 1. is of concern only at the start of the project  2. is mainly a problem to be handled by the change control procedures during the project  execution phase.  3. Should ... . is usually not a problem after the contract or other document authorizing the project has been  approved.

Last Answer : 3. Should be managed and controlled from the project concept through close-out

What is the last item a project manager must do to finalize project close-out? 1. Reassign the team 2. Contract completion 3. Archive the project records 4. Complete lessons learned 5. None of the above.

Description : What is the last item a project manager must do to finalize project close-out? 1. Reassign the team  2. Contract completion  3. Archive the project records  4. Complete lessons learned  5. None of the above.

Last Answer : 2. Contract completion

The justification for the investment to be made in a project is documented in the: a. Cost Breakdown Structure. b. procurement strategy. c. business case. d. Project Management Plan.

Description : The justification for the investment to be made in a project is documented in the: a. Cost Breakdown Structure. b. procurement strategy. c. business case. d. Project Management Plan.

Last Answer : c. business case.

Which one of the following statements best defines procurement? a. A technique to establish the best approach for obtaining the resources for the project. b. A group of interrelated resources and activities that transform inputs into outputs. c. The description of the purpose, form and components to support delivery of a product. d. The process by which products and services required for the project are acquired.

Description : Which one of the following statements best defines procurement?  a. A technique to establish the best approach for obtaining the resources for the project.  b. A group of interrelated resources and ... product.  d. The process by which products and services required for the project are acquired.

Last Answer : d. The process by which products and services required for the project are acquired.

The justification for the investment to be made in a project is documented in the: a. Cost Breakdown Structure. b. procurement strategy. c. business case. d. Project Management Plan

Description : The justification for the investment to be made in a project is documented in the:  a. Cost Breakdown Structure.  b. procurement strategy.  c. business case.  d. Project Management Plan

Last Answer : c. business case.

According to PMBOK, project management process groups are iterative, which was originally defined by Walter Shewhart and later modified by Edward Deming. Generally, one outcome from a previous process can serve as input for the next process. Which of the following best identifies with the description of this concept? Select one: a. Project life cycle b. Plan-Do-Check-Act cycle c. Project phases d. PM processes e. HR process cycle

Description :  According to PMBOK, project management process groups are iterative, which  was originally defined by Walter Shewhart and later modified by Edward Deming.  Generally, one outcome from a previous process can serve ... -Do-Check-Act cycle c. Project phases d. PM processes e. HR process cycle

Last Answer : b. Plan-Do-Check-Act cycle

Which of the following is true regarding the project scope statement?A. The project scope statement includes a change control system that describes how to make changes to the project scope. B. The project scope further elaborates the Initiating processes and serves as a basis for future project decisions. C. The project scope statement describes how the team will define and develop the work breakdown structure. D. The project scope statement assesses the reliability of the project scope and describes the process for verifying and accepting completed deliverables.

Description : Which of the following is true regarding the project scope statement? A. The project scope statement includes a change control system that describes how to  make changes to the ... reliability of the project scope and describes  the process for verifying and accepting completed deliverables.

Last Answer : B. The project scope further elaborates the Initiating processes and serves as a basis  for future project decisions.

. Integrity in the project management field is accomplished through all of the following except which one? A. Training to learn how to manage relationships with others from different cultures B. Adhering to an ethical code C. Applying established project management processes D. Following the PMP Code of Professional Conduct

Description :  . Integrity in the project management field is accomplished through all of the  following except which one?  A. Training to learn how to manage relationships with others from different ... C. Applying established project management processes D. Following the PMP Code of Professional Conduct

Last Answer : A. Training to learn how to manage relationships with others from different cultures

The phases of a project life cycle are: a. starting, planning, control and closing. b. concept, definition, development, handover and closure. c. initiation, definition, planning, monitoring and operations. d. concept, definition, implementation and operations.

Description : The phases of a project life cycle are: a. starting, planning, control and closing. b. concept, definition, development, handover and closure. c. initiation, definition, planning, monitoring and operations. d. concept, definition, implementation and operations.

Last Answer : b. concept, definition, development, handover and closure.

The phases of a project life cycle are: a. starting, planning, control and closing. b. concept, definition, development, handover and closure. c. initiation, definition, planning, monitoring and operations. d. concept, definition, implementation and operations.

Description : The phases of a project life cycle are:  a. starting, planning, control and closing.  b. concept, definition, development, handover and closure.  c. initiation, definition, planning, monitoring and operations.  d. concept, definition, implementation and operations.

Last Answer : b. concept, definition, development, handover and closure.

The business case and the justification for the project is determined during the _____ phase. (A) initiation (B) planning(C) execution (D) closure

Description : The business case and the justification for the project is determined during the _____ phase. (A) initiation (B) planning (C) execution (D) closure

Last Answer : (A) initiation

Assembling project team and assigning their responsibilities are done during which phase of a project management? (A) Initiation (B) Planning (C) Execution (D) Closure

Description : Assembling project team and assigning their responsibilities are done during which phase of a  project management? (A) Initiation (B) Planning (C) Execution (D) Closure

Last Answer : A) Initiation

. An important aim of a post-project review is to: a. validate overall progress to date against the budget and schedule. b. capture learning and document it for future usage. c. ensure acceptance of all permanent documentation, signed by the sponsor. d. establish that project benefits have been identified.

Description : . An important aim of a post-project review is to: a. validate overall progress to date against the budget and schedule. b. capture learning and document it for future usage. c. ... of all permanent documentation, signed by the sponsor. d. establish that project benefits have been identified.

Last Answer : b. capture learning and document it for future usage.

____ is a continuous and repetitive process involving screening, documentation, validation, ranking and approval of viable project ideas for an organization.

Description : ____ is a continuous and repetitive process involving screening, documentation,  validation, ranking and approval of viable project ideas for an organization.

Last Answer : Ans. Project identification

An important aim of a post-project review is to: a. validate overall progress to date against the budget and schedule. b. capture learning and document it for future usage. c. ensure acceptance of all permanent documentation, signed by the sponsor. d. establish that project benefits have been identified

Description : An important aim of a post-project review is to:  a. validate overall progress to date against the budget and schedule.  b. capture learning and document it for future usage.  c. ... of all permanent documentation, signed by the sponsor.  d. establish that project benefits have been identified

Last Answer : b. capture learning and document it for future usage.

A Project control system: 1. Monitors and controls the project's schedule, costs, scope, budgets etc 2. Is a mechanism which reacts to the current project status in order to endure accomplishment of project objectives 3. Is only needed on large mega projects 4. Is a system for controlling and executing project documentation in an uniform and timely manner

Description : A Project control system: 1. Monitors and controls the project's schedule, costs, scope, budgets etc  2. Is a mechanism which reacts to the current project status in order to endure ... 4. Is a system for controlling and executing project documentation in an uniform and timely  manner

Last Answer : 1. Monitors and controls the project's schedule, costs, scope, budgets etc

Evaluation process of proposed projects or groups of projects is known as: A. Project Analysis B. Project Compilation C. Project selection D. Project Documentation

Description : Evaluation process of proposed projects or groups of projects is known as: A. Project Analysis B. Project Compilation C. Project selection D. Project Documentation

Last Answer : C. Project selection

All of the following statements are true regarding risks except for which one? Choose the least correct answer. A. Risks might be threats to the objectives of the project. B. Risks are certain events that may be threats or opportunities to the objectives of the project. C. Risks might be opportunities to the objectives of the project. D. Risks have causes and consequences.

Description : All of the following statements are true regarding risks except for which one? Choose the least correct answer.  A. Risks might be threats to the objectives of the project.  B. Risks are ... Risks might be opportunities to the objectives of the project.  D. Risks have causes and consequences.

Last Answer : B. Risks are certain events that may be threats or opportunities to the objectives of  the project

The Philippine Accountancy Act of 2004 provides that all Working papers made during an audit shall be the property of the auditor. These working papers shall include the following, except: a. Working papers prepared by the CPA and his staff. b. Analysis and schedule prepared and submitted to the auditor by his client's staff. c. Excerpts or copies of documents furnished to the auditor. d. Any report submitted by the auditor to his client.

Description : The Philippine Accountancy Act of 2004 provides that all Working papers made during an audit shall be the property of the auditor. These working papers shall include the following, except: a. Working ... of documents furnished to the auditor. d. Any report submitted by the auditor to his client.

Last Answer : Any report submitted by the auditor to his client.

Which of the following types of audits would be intended to determine whether a governmental entity is following sound procurement practices? a. Program audit b. Operational audit c. Compliance audit d. Financial statement audit

Description : Which of the following types of audits would be intended to determine whether a governmental entity is following sound procurement practices? a. Program audit b. Operational audit c. Compliance audit d. Financial statement audit

Last Answer : Compliance audit

Andrew has joined as the Project Manager of a project. One of the project documents available to Andrew lists down all the risks in a hierarchical fashion. What is this document called? a. Risk Management Plan. b. List of risks. c. Monte Carlo diagram. d. Risk Breakdown Structure.

Description : Andrew has joined as the Project Manager of a project. One of the project documents available to Andrew lists down all the risks in a hierarchical fashion. What is this document called? a. Risk Management Plan. b. List of risks. c. Monte Carlo diagram. d. Risk Breakdown Structure.

Last Answer : d. Risk Breakdown Structure.

What is the most critical aspect in developing a project plan that meets project specifications within the timeframe and at the lowest costs? Select one: a. Assessing risk managemenc. Emphasizing error prevention and customer satisfaction d. Requiring commitment to quality by all the employees and business partners e. Developing a project execution plan that matches the complexity level of the projectt b. Providing documents that specifically comply with the quality standards in use

Description : What is the most critical aspect in developing a project plan that meets project  specifications within the timeframe and at the lowest costs? Select one: a. Assessing risk management b ... business partners e. Developing a project execution plan that matches the complexity level of the project

Last Answer : e. Developing a project execution plan that matches the complexity level of the project

The project team documents its charge in the form of a ____, which is based on the project proposal and business case

Description : The project team documents its charge in the form of a ____, which is based on the  project proposal and business case

Last Answer : Ans. Project charter

Andrew has joined as the Project Manager of a project. One of the project documents available to Andrew lists down all the risks in a hierarchical fashion. What is this document called? a. Risk Management Plan. b. List of risks. c. Monte Carlo diagram. d. Risk Breakdown Structure.

Description : Andrew has joined as the Project Manager of a project. One of the project documents  available to Andrew lists down all the risks in a hierarchical fashion. What is this document  called? a. Risk Management Plan. b. List of risks. c. Monte Carlo diagram. d. Risk Breakdown Structure.

Last Answer : d. Risk Breakdown Structure.

The Scope Management Plan is included in which of the following documents. 1. Project Plan 2. The Work Breakdown Structure 3. The Scope Statement 4. Project Specifications

Description : The Scope Management Plan is included in which of the following documents. 1. Project Plan  2. The Work Breakdown Structure  3. The Scope Statement  4. Project Specifications

Last Answer : 3. The Scope Statement

A project management information system consists of: 1. A project management software package operating on appropriate computer facilities 2. Hardware, software, documents, and procedures 3. Automated and manual methods for gathering, recording, filtering, and dissemination of pertinent information for members of a project team 4. All of the above

Description : A project management information system consists of: 1. A project management software package operating on appropriate computer facilities  2. Hardware, software, documents, and procedures  3. Automated and ... of  pertinent information for members of a project team  4. All of the above

Last Answer : 4. All of the above

Most of the project manager's external communication links consist of: 1. Written documents 2. Oral communication 3. Tactile contact 4. Informal contact

Description : Most of the project manager's external communication links consist of: 1. Written documents  2. Oral communication  3. Tactile contact  4. Informal contact

Last Answer : 1. Written documents

Role clarification facilitates the development of all of the fSelect one: a. communication planning. b. key milestones. c. work flow organization. d. approval processes. e. role boundary spanning processes.ollowing, EXCEPT:

Description : Role clarification facilitates the development of all of the following, EXCEPT: Select one: a. communication planning. b. key milestones. c. work flow organization. d. approval processes. e. role boundary spanning processes.

Last Answer : b. key milestones.

Which one of the following best describes project managc. Utilizing team members who can work on a project full time. d. Application of processes and methods throughout the project life cycle.ement? a. Using APM’s Body of Knowledge 6th edition as a guide to all projects. b. Employing a project manager who has undertaken similar projects.

Description : Which one of the following best describes project management? a. Using APM's Body of Knowledge 6th edition as a guide to all projects. b. Employing a project manager who has undertaken similar ... on a project full time. d. Application of processes and methods throughout the project life cycle.

Last Answer : d. Application of processes and methods throughout the project life cycle.

The main purpose of the Project Management Plan is to: a. provide justification for undertaking the project in terms of evaluating the benefit, cost and risk of alternative options. b. ensure the project sponsor has tight control of the project manager’s activity. c. document the outcomes of the planning process and provide the reference document for managing the project. d. document the outcome of the risk, change and configuration management processes.

Description : The main purpose of the Project Management Plan is to: a. provide justification for undertaking the project in terms of evaluating the benefit, cost and risk of  alternative options. b. ensure ... the  project. d. document the outcome of the risk, change and configuration management processes.

Last Answer : c. document the outcomes of the planning process and provide the reference document for managing the  project.

Complete the following statement. The method of incorporating change into project planning and execution processes is called the: Select one: a. project logic diagram. b. change management process. c. milestone schedule d. critical path e. rough order of magnitude

Description : Complete the following statement. The method of incorporating change into  project planning and execution processes is called the: Select one: a. project logic diagram. b. change management process. c. milestone schedule d. critical path e. rough order of magnitude

Last Answer : b. change management process.

Which of the following is true about a project manager? Select one: a. Project managers analyze work processes and explore opportunities to make improvements. b. Project managers are focused on the long-term health of the organization. c. Project managers are process focused. d. Project managers are goal oriented. e. Project managers standardize the work processes.

Description : Which of the following is true about a project manager? Select one: a. Project managers analyze work processes and explore opportunities to make  improvements. b. Project managers are focused ... . d. Project managers are goal oriented. e. Project managers standardize the work processes.

Last Answer : d. Project managers are goal oriented.

While assessing your project processes, you have identified some uncontrolled process variations. Which of the following would be the appropriate chart you may use for this purpose? Select one: a. Pareto diagram b. PERT chart c. Control chart d. HR personnel chart e. Critical path

Description : While assessing your project processes, you have identified some  uncontrolled process variations. Which of the following would be the  appropriate chart you may use for this purpose? Select one: a. Pareto diagram b. PERT chart c. Control chart d. HR personnel chart e. Critical path

Last Answer : c. Control chart

The entire process of a project may be considered to be made upon a number of sub- processes placed in different stages called the Work Breakdown Structure. (True/False)

Description : The entire process of a project may be considered to be made upon a number of sub- processes placed in different stages called the Work Breakdown Structure. (True/False)

Last Answer : Ans. True

Project planning involves three processes:____ review, and __

Description : Project planning involves three processes:____ review, and __

Last Answer : Ans. Identification, analysis

Project management consists of interacting processes namely ____, ____, process interactions, and ____ which are organised in groups.

Description : Project management consists of interacting processes namely ____, ____, process  interactions, and ____ which are organised in groups.

Last Answer : Ans. Project processes, process groups, customisation

Following are the characteristics of Project Mindset. (A) Time, Responsiveness, Information sharing, Processes, structured planning (B) Time, Project management, Information sharing, Processes, structured planning (C) Time, Responsiveness, Information sharing, capability, structured planning (D) Time, Responsiveness, Information sharing, Processes, project planning

Description : Following are the characteristics of Project Mindset. (A) Time, Responsiveness, Information sharing, Processes, structured planning (B) Time, Project management, Information sharing, Processes ... , structured planning (D) Time, Responsiveness, Information sharing, Processes, project planning

Last Answer : (A) Time, Responsiveness, Information sharing, Processes, structured planning