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?

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

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 project report according to the communications management plan in order to document and convey project performance and assist in project evaluation.    
Task 5 Collate lessons learned that were documented throughout the project and conduct a comprehensive project review in order to update the organization’s knowledge base.    
Task 6 Archive project documents and materials using generally accepted practices in order to comply with statutory requirements and for potential use in future projects and audits.    
Task 7 Obtain feedback from relevant stakeholders using appropriate tools and techniques and based on the stakeholder management plan in order to evaluate their satisfaction.    

The Closing domain accounts for 7% (14) of the questions on the PMP exam. 

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