PMP: The Closing Domain
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Includes questions from the following tasks:     Task 1 Obtain final acceptance of the project deliverables from relevant stakeholders in order to confirm that project scope and deliverables were achieved.     Task 2 Transfer the ownership of deliverables to the assigned stakeholders in accordance with the project plan in order to facilitate project closure.     Task 3 Obtain financial, legal, and administrative closure using generally accepted practices and policies in order to communicate formal project closure and ensure transfer of liability.     Task 4 Prepare and share the final... Show more
PMP: The Closing Domain
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25 Questions

1. You are part of a National Health Services that has been delivering benefits to stakeholders during the last seven months. Fourteen projects are in progress, and you are managing one of them. Three will be finishing up in the next week, ten will be completing in the month following, and your project will finish six weeks from now. There have been a variety of visible results during the NHS to date. Four project managers have performed poorly, but have been able to make up for the related losses by adjusting the scope, schedule, and budgets in other projects and nonproject-related operations. Your project has met all major milestones. In your efforts to formalize acceptance of the project, you need to accomplish several activities and present the results to the stakeholder or customers. Which of the following will be least useful for this task?
2. Your company has a new CEO and she believes in “Go Green!” You have been chosen to manage a project to replace the documentation management system as part of this paperless initiative. Requirements have been elicited, captured, and documented. Now that this phase is complete, your next step is to:
3. You will need documentation to justify closing requirements as you shut down the various phases of your project. Which of the following is most needed to commence closure proceedings for the phase?
4. Your project is ready to be closed: all deliverables have been met, and you have met the planned benefits as described in the benefits management plan. As you are preparing the project final report, you should emphasize:
5. Unfortunately, your project to develop the next generation of electric bicycles was canceled because a competitor released its product before your project was scheduled to be complete. Your competitor is already selling their product. Your senior management is determining what product to pursue next. What should you do next?
6. Which of the following is a key output of contract closure?
7. Your multiyear project to build the 2nd Avenue subway system is now complete. Because of your splendid work, your company has won a similar contract to build a subway extension in Toronto, Canada. As you close out the 2nd Avenue project, you should focus on:
8. You are preparing your final report on the “Go Green!” project. A key item to include in this report is:
9. As the 2nd Avenue subway project comes to a close, as the project manager, you need to associate a time frame with the realization of benefits. Why is this important?
10. You are a senior project manager working on developing a new production line for ice pops. After six months of a one-year project, you are told that the company is losing money because of interest rate changes; your project is canceled, and all the team members, contractors, and full-time staff are to be let go. Until now the project was on target, on schedule, and on budget. You’ve seen this before—no money now, but more money next fiscal year. What is the best action to take next?
11. You have completed your project in the SecureAI program. Your project’s deliverables are complete and have been accepted by all stakeholders. Your next step is to:
12. The Close Phase or Project process is used to close a contract. All the following procurement documentation is collected except:
13. As project manager for an international training company, you are responsible for new product development and maintenance of existing training products. Ninety percent of the development is outsourced to contract professionals. Processes are in place to consistently manage product development, and several contracts are used to control the work and ensure acceptable work is performed. After a contractor reports completion of the statement of work in their respective contract, you update contract records in the contract file. Which of the following is not a part of the contract records?
14. Because your budget and accounting systems are not integrated with your project management information system, it is difficult to relate expenditures, especially between different project phases. What action should you take in the best interest of your project?
15. You are responsible for the Close Project or Phase process on a large project. You are asked to report the activities you are performing. These activities include defining how the project will transfer the services produced to the operational division of the organization. What term describes these activities?
16. You are at the end of a project that has been successfully delivered. One of the processes that you must manage is called the Close Project or Phase process. You are not certain what this entails. Which project document would you refer to for guidance on the process to help you close the project?
17. On your “Go Green!” project, you have received a request for final payment on a contract. You want to make sure that there are no performance deficiencies to resolve with the contractor. This is especially important because it is the first time your organization has worked with this contractor. Your next step is to:
18. You are concerned that all the contracted deliverables on your project may not be complete though the contractor has submitted a final payment request. If you are correct, you then need to:
19. Your project had work done by a vendor. Inspections have been performed to ensure the work conforms to quality standards. Contract documentation has been audited by the contracting office. Before the contract can be closed, it has a stipulation that 75% adoption by users be achieved in the production environment. What does this exemplify?
20. As project manager for an international training company, you are responsible for new product development and maintenance of existing training products. Ninety percent of the development is outsourced to contract professionals. A system of processes is in place to consistently manage product development, and several contracts are used to control the work and ensure acceptable work is performed. After a contractor reports completion of a phase and the transfer of the completed deliverables to others, what is your next step?
21. You established an assumption log early in the project to record assumptions and constraints about the schedule and enhance collaboration with stakeholders. You will most likely use the assumption log to do which of the following during Close Project or Phase?
22. Your project is complete. It was the first project in your company to use the agile approach. The deliverables were identified by the product owner. Some of the stakeholders are concerned about quality and have not signed off on the deliverables. The best way to collect feedback on the definition of “done” is to:
23. Which of the following is a key input to contract closure?
24. You have been managing a project for some time and have been asked to identify the current stage of the project. You are reviewing a document that formally indicates that the sponsor has officially accepted the project deliverables. Which document are you reviewing?
25. Your agile project team has successfully demonstrated the final deliverable of a year-long project. Your CIO is sold on the iterative/adaptive approach. The PMO is asking you to join them and support agile for all projects throughout the company. The final product is in use, and the customers love it. As part of administrative closure, what is the best thing to do?