Mini PMP - Ch 13 - Project Closure and Benefits Realization _ MGMT641102-Global Project Management
.pdf
keyboard_arrow_up
School
New Jersey Institute Of Technology *
*We aren’t endorsed by this school
Course
641
Subject
Business
Date
Feb 20, 2024
Type
Pages
19
Uploaded by BailiffLyrebird851
4/27/23, 10:20 PM
Mini PMP - Ch 13 - Project Closure and Benefits Realization : MGMT641102-Global Project Management
https://njit.instructure.com/courses/27956/quizzes/88095?module_item_id=1002795
1/19
Mini PMP - Ch 13 - Project Closure and Benefits
Realization Due
Apr 22 at 11:59pm
Points
45
Questions
45
Available
until Apr 22 at 11:59pm
Time Limit
90 Minutes
This quiz was locked Apr 22 at 11:59pm.
Attempt History
Attempt
Time
Score
LATEST
Attempt 1
89 minutes
37 out of 45
Score for this quiz: 37
out of 45
Submitted Apr 22 at 1:52pm
This attempt took 89 minutes.
1 / 1 pts
Question 1
Following is a list of a few of the more important aspects of the transition
from project to integrated operation that must be considered when the
project functions are distributed. Which one matches the following
description? Are all the functional areas aware of the change? Has each
made sure that the transition from project to standard operation has been
accomplished within standard organizational guidelines?
Purchasing, distribution, legal, and so on Correct!
Correct!
Marketing Information systems/software Risk identification and management
4/27/23, 10:20 PM
Mini PMP - Ch 13 - Project Closure and Benefits Realization : MGMT641102-Global Project Management
https://njit.instructure.com/courses/27956/quizzes/88095?module_item_id=1002795
2/19
1 / 1 pts
Question 2
The primary criterion for project continuance or closure is whether or not
the organization is willing to invest the estimated time and cost required to
complete the project, given the projectÍs current status and current
expected outcome.
True Correct!
Correct!
False 0 / 1 pts
Question 3
Closures that are typically the result of conflict between senior managers,
one of whom may be terminated along with the project, are known as
what?
Political closures orrect Answer
orrect Answer
Closure by addition Conflict closures ou Answered
ou Answered
Closure by integration 1 / 1 pts
Question 4
Listed below are four critical success factors for projects. Which one
matches the following description? Availability of the required technology
and expertise to accomplish the specific technical action steps.
4/27/23, 10:20 PM
Mini PMP - Ch 13 - Project Closure and Benefits Realization : MGMT641102-Global Project Management
https://njit.instructure.com/courses/27956/quizzes/88095?module_item_id=1002795
3/19
Monitoring and feedback Communication Trouble-shooting Technical tasks Correct!
Correct!
1 / 1 pts
Question 5
The special case of closure by extinction wherein the project experiences
a sudden demise even though it was lacking obvious signals that death
was imminent is known as what?
Closure by addition Closure by integration Closure by starvation Termination by murder Correct!
Correct!
1 / 1 pts
Question 6
A special case of closure by extinction is termination by _____.
murder
Correct!
Correct!
orrect Answers
orrect Answers
murder
4/27/23, 10:20 PM
Mini PMP - Ch 13 - Project Closure and Benefits Realization : MGMT641102-Global Project Management
https://njit.instructure.com/courses/27956/quizzes/88095?module_item_id=1002795
4/19
1 / 1 pts
Question 7
What section of the final project report is a comparison of what the project
achieved with what the project tried to achieve?
Administrative performance Personnel suggestions Project performance Correct!
Correct!
Organizational structure 1 / 1 pts
Question 8
The primary criterion for this is whether or not the organization is willing to
invest the estimated time and cost required to complete the project, given
the projectÍs current status and current expected outcome.
Continuance Closure Continuance or closure Correct!
Correct!
Extinction 1 / 1 pts
Question 9
This is an administrator responsible for wrapping up the administrative
details of a project.
4/27/23, 10:20 PM
Mini PMP - Ch 13 - Project Closure and Benefits Realization : MGMT641102-Global Project Management
https://njit.instructure.com/courses/27956/quizzes/88095?module_item_id=1002795
5/19
Project manager Closure manager Correct!
Correct!
Stakeholder Program administrator 1 / 1 pts
Question 10
Following is a list of a few of the more important aspects of the transition
from project to integrated operation that must be considered when the
project functions are distributed. Which does the following describe? Are
all drawings complete and on file? Are operating manuals and change
procedures understood?
Engineering Correct!
Correct!
Manufacturing Accounting/finance Personnel 1 / 1 pts
Question 11
The process of closure is all of the following except which one?
Straight-forward Correct!
Correct!
Always complicated Almost always inevitable
4/27/23, 10:20 PM
Mini PMP - Ch 13 - Project Closure and Benefits Realization : MGMT641102-Global Project Management
https://njit.instructure.com/courses/27956/quizzes/88095?module_item_id=1002795
6/19
Never easy 1 / 1 pts
Question 12
When an in-house project is a major success and it is terminated by
institutionalizing it as a formal part of the parent organization; this is
closure by what?
Extinction Starvation Integration Addition Correct!
Correct!
1 / 1 pts
Question 13
Bringing the project into the organization as a separate, ongoing entity is
called what?
Closure by extinction Closure by integration Closure by addition Correct!
Correct!
Closure by starvation 1 / 1 pts
Question 14
Your preview ends here
Eager to read complete document? Join bartleby learn and gain access to the full version
- Access to all documents
- Unlimited textbook solutions
- 24/7 expert homework help
Related Questions
Required information
Skip to question
George Caloz & Frères, located in Grenchen, Switzerland, makes luxury custom watches in small lots. One of the company’s products, a platinum diving watch, goes through an etching process. The company has recorded etching costs as follows over the last six weeks:
Week
Units
Total Etching Cost
1
9
$ 21
2
12
25
3
13
30
4
9
20
5
11
25
6
18
34
72
$ 155
For planning purposes, management would like to know the variable etching cost per unit and the total fixed etching cost per week.
2-a. Using the least-squares regression method, estimate the variable etching cost per unit and the total fixed etching cost per week.
2-b. Express these estimates in the form Y = a + bX.
arrow_forward
Mains supply failure alarm:1. Overview2. Need for this project3 . Working of the project4. Goal and Objectives 5. Scope and Limitation
arrow_forward
Question 4
4.1 Discuss the supplier evaluation and selection process
4.2 Discuss the ethical consideration associated with completing a project in the shortest possible time
arrow_forward
Q18 Describe the type of resources needed for different types of events.
arrow_forward
How to communicate requirement for a project
arrow_forward
Q3. A reporting process can increase the number of non-actionable reports?
True or false?
arrow_forward
Data of activities and weekly delivery costs
Date
Miles Driven
Packages Delivered
Delivery Stops
Delivery Cost
1/1
2,656
15,700
12,175
$ 5,479
1/8
2,085
12,756
9,019
4,608
1/15
2,719
17,555
12,358
5,428
1/22
2,998
18,547
12,507
5,826
1/29
3,655
13,030
12,476
4,846
2/5
2,650
18,355
9,910
4,250
2/12
2,829
16,719
11,906
5,073
2/19
2,056
17,751
10,833
4,668
2/26
2,890
19,379
9,883
4,841
3/5
2,341
15,542
10,184…
arrow_forward
2.
arrow_forward
Discuss the various uses for break-even analysis. (paragraph)
arrow_forward
nity College | Pima x
B Module 12 Practice Assignment
6 Question 1- Module 12 Practice x
A ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=D0&launchUrl=https%253A%252F%252Flms.mheducation.com%252Fmghmiddleware%252Fr
ediStay v4
E New Scorpion
O Redistay - (Unknown) U Ulitpro -New
e Scorpion (UAT)
5) Springfield - Home
inContact
Dashboards
RediStay v4 (UAT) -...
lodule 12 Practice Assignment_Ch.17 i
Saved
1
Challenge Problem 17-25 (Static) [LU 17-2 (2)]
A delivered price (including attachments) of a crawler dozer tractor is $135,000 with a residual value of 35%. The useful life of the
tractor is 7,700 hours
eBook
Print
a. What is total amount of depreciation allowed?
References
Total amount
b. What is the amount of depreciation per hour? (Round your answer to the nearest cent.)
Amount of depreciation
per hour
arrow_forward
W AutoSave Off H PGDPM AA Calendar JULY 2022 Final No Label ✓
File Home Insert Draw Design Layout
2
U
Undo
Page 29 of 32
■
Paste
X
CA
Clipboard
Arial
Q Search
BIU
U
32 of 5102 words
12
References
A A Aa A
x² A
ab x₂
D✓ Av
ab
Font
Mailings
6
QUESTION THREE
QUESTION FOUR
Review
Search
English (South Africa) Text Predictions: On
17°
View Help
←
= = = 三
H↓¶
Paragraph
POSTGRADUATE DIPLOMA IN PROJECT MANAGEMENT - ACADEMIC AND ASSESSMENT CALENDAR
Normal
No Spacing
3.1 List and discuss at least 5 critical success factors for project quality management
3.2 Provide a diagram that best represents the quality management process and explain why this
process is important.
List and provide an overview of the processes in Quality Management
Styles
Accessibility: Unavailable
W
END OF PROJECT QUALITY MANAGEMENT
Heading 1
5
Thembi Mdepa TM
Comments
Editing Dictate
Focus
Voice
Sensitivity
Sensitivity
A
ENG
US
Editing
Editor
Reuse
Files
Editor Reuse Files
Share
4) b
V
+ 100%
14:01
2023/04/10
arrow_forward
Q3. How does Southwest Airlines know they are achieving their goals? Explain comprehensively
arrow_forward
Question 4
A report that could include number of cars which were returned in a month because of serious defects is:
Key-indicator report
Scheduled report
Demand report
Exception report
arrow_forward
Question 9
arrow_forward
Question 1After collecting all those information, David is trying to conceptualize his problem. Supposeyou were David, how you will analysing the problem.You are expected to describe and investigate the problem in a more systematic way, andprovide answers for:• What were the key decisions?• What were the key uncertainties?• What was the timing of decisions?• What was the timing of the resolution of uncertainty?• What data would he need in order to make an intelligent, defensible decision?
arrow_forward
BSBI 516 Activities 5 Updated (1) [Compatibility Mode] - Word
mrs.alansari91@gm
Layout
References
Mailings
Review
View
Q Tell me what you want to do
Help
18
A A
Aa v
21 T
AaBbCcDd AaBbCcI AaBbCcI AaBbCcI AaBb
X, x
aby . A
1 Caption2 1 Normal T Referenc. No Spacing 1 Table
Font
Paragraph
Styles
uine, and you may be a victim of software counterfeiting. Avoid interruption and keep your files safe with genuine Office today.
ACTIVITY 1
Get genuine Office
EXPLORING MARKETS AND MARKETING
Exercise I
SIMPLE RECALL
1.
This is the statement of the actions a business will take in
order to achieve its marketing objectives
2.
This is another term for marketing variables.
This refers to tangible or intangible goods which are intended
3.
for satisfying people's needs and wants.
4.
This type of goods is directly consumed by people.
This type of goods is produced for other businesses to use.
5.
6.
This is a process of qualifying competitiveness, development
and uniqueness of products against…
arrow_forward
Q2) 3. What is long range plan?
arrow_forward
Assignment Question !
Supplying customization places a high demand on CRM system. Discus
(4) separate approaches of mass customization. Discuss the implication
customization approaches for an organization.
arrow_forward
Assistance for question 5 please
arrow_forward
Suzanne just received her paycheque and sees that she was paid $750 for producing 50 widgets. Her pay scheme is known as ________.
Question 25 options:
A)
a stock option
B)
knowledge-based pay
C)
skill-based pay
D)
merit pay
E)
a piecework incentive program
arrow_forward
Republic of the Philippines
Department of Education
Region III
Division of Nueva Ecija
FIRST ASIAN INTERNATIONAL SYSTEMS COLLEGE, INC.
Partnership with San Antonio High School (SAHS), Poblacion, San Antonio, Nueva Ecija
Agustin Bldg., San Juan North, Cabiao, Nueva Ecija
G11 ABM & GAS Organization and Management
Learning Activity Sheets (LAS)
Q1 WEEK 5
Name:
Date:
Grade/Section:
Score:
Teacher Name: Ms. Melanie Miranda
Chapter 5: STAFFING
Activity #1: Identification
A. Direction: Write the correct answer in the space provided,
1. Independent job boards on the Web commonly used by job seekers and recruiters to gather
and disseminate job opening information.
2. Good sources of young applicants or new graduates who have formal training but with very
little work experience.
3. It is recommendations from the organization's present employees who usually refer friends
and relatives who they think are qualified for the job.
4. Its possible sources of applicants for blue-collar and professional…
arrow_forward
The manager of a bulk foods establishment sells a trail mix for
$9
per pound and premium cashews for
$14
per pound. The manager wishes to make an
200-pound
trail mix-cashew
mixture that will sell for
$11
per pound. How many pounds of each should be used?
Question content area bottom
Part 1
A.
80
lb of trail mix
120
lb of cashews
B.
100
lb of trail mix
100
lb of cashews
C.
140
lb of trail mix
60
lb of cashews
D.
120
lb of trail mix
80
lb of cashews
arrow_forward
Required:
A. What are the actual and budgeted selling prices? What are the actual and budgeted variable costs per unit?B. Calculate all the required variances and present the variance analysis report.
arrow_forward
3. Your independent oil and gas company is considering the purchase at time zero of a
100 % working interest in a property. If you elect to develop the lease for an 87.5%
revenue interest, the following costs will be incurred: in time zero, the lease bonus
cost is $100,00o, intangible drilling costs are estimated at $550,000 while tangible
completion costs are estimated at $300,000. Operating costs are estimated to
remain constant at $8.00 per barrel (includes production costs, severance taxes and
ad-valorem taxes) in each of years 1, 2, 3 and 4. Oil prices are forecasted to be
$50.00 per barrel in each of years 1, 2, 3, and 4. Production is summarized in the
following table. The escalated dollar minimum rate of return is 12.0%. Use net
present value analysis to determine if the acquisition and development of this lease
is economically viable: (a) Before considering income taxes, (b) Assuming income
tax rate of 30%. (Expense 100% of intangible drilling costs at the end of first year,…
arrow_forward
Discussion Question: Discuss the requirements for strategic management of IS/IT. What are some challenges to implementing these requirements?
arrow_forward
What are the various uses for break-even analysis?
arrow_forward
Equipment ExpensesAnalyze the cost differences for a project that needs the use of a trencher Compare the cost differences between renting and buyingâamortizing the purchase price over a five-year period Which would be the best approach, renting or purchasing?
Explain how equipment expenses differ from other installed construction items, such as lumber and steel What unique accounting aspects need to be considered when estimating equipment used in a construction estimate?
Submission Requirements:Submit a Word document with the following specifications:
Font: Arial, size 12, double-spacing
Citation style: APA
Length: 2â3 pages
arrow_forward
Week 3 Distortion of Product Costs A
By Wed, 11:59 pm:
Post the answer to the question below:
Wheelco, Inc. manufactures automobile and truck wheels. The company produces four basic, high-volume wheels used by each of the large automobile and pickup truck manufacturers. Wheelco also has two specialty wheel lines. These are fancy,
complicated wheels used in expensive sports cars.
Lately, Wheelco's profits have been declining. Foreign competitors have been undercutting Wheelco's prices in three of its bread-and-butter product lines, and Wheelco's sales volume and market share have declined. In contrast, Wheelco's specialty
wheels have been selling steadily, although in relatively small numbers, in spite of three recent price increases. At a recent staff meeting, Wheelco's president made the following remarks: "Our profits are going down the tubes, folks. It cost us 29
dollars to manufacture our A22 wheel... That's our best seller, with a volume last year of 17,000 units. But our chief…
arrow_forward
General Admission
(includes admission to over 35 galleries and
non-surcharged exhibitions)
FREE
Adult
$23
Child (4-14)
$14
Student (with valid student card)* $18
Senior (65+)*
$18
Youth (15-19)
$18
Infant (0-3)
Free
Members
Buy Tickets
Reserve Member Tickets
AGE:
YRS
NESTAWEDJAT
C.700-600 BC
THEBES, EGYPT
Egyptian
Mummies
(includes general admission)
Members
FREE
Adult
$35
Child (4-14)
$21
Student (with valid student card)* $29
Senior (65+)*
$29
Youth (15-19)
$29
Infant (0-3)
Free
Buy Tickets
Reserve Member Tickets
Winnie-the-Pooh
(includes general admission)
FREE
$31
$18
Student (with valid student card)* $24
Senior (65+)*
$24
Youth (15-19)
$24
Infant (0-3)
Free
Members
Adult
Child (4-14)
Buy Tickets
Reserve Member Tickets
arrow_forward
I need the number of rolls sold on the open market in 12 foot rolls. From the image
arrow_forward
Q:
Final Reduced Objective Allowable Allowable
Cell Name Value Cost Coefficient Increase Decrease
$B$5 consider Cake (C) 0 -0.5 4.5 0.5 1E+30
$C$5 consider Dozen Cookies (D) 10 0 10 1E+30 1
what does the value minus .5 for the reduced cost of C mean (other than it is the change in thevalue of the coefficient in the objective function so that the solution includes a positive amountof C)?
arrow_forward
SEE MORE QUESTIONS
Recommended textbooks for you
BUSN 11 Introduction to Business Student Edition
Business
ISBN:9781337407137
Author:Kelly
Publisher:Cengage Learning
Essentials of Business Communication (MindTap Cou...
Business
ISBN:9781337386494
Author:Mary Ellen Guffey, Dana Loewy
Publisher:Cengage Learning
Accounting Information Systems (14th Edition)
Business
ISBN:9780134474021
Author:Marshall B. Romney, Paul J. Steinbart
Publisher:PEARSON
International Business: Competing in the Global M...
Business
ISBN:9781259929441
Author:Charles W. L. Hill Dr, G. Tomas M. Hult
Publisher:McGraw-Hill Education
Related Questions
- Required information Skip to question George Caloz & Frères, located in Grenchen, Switzerland, makes luxury custom watches in small lots. One of the company’s products, a platinum diving watch, goes through an etching process. The company has recorded etching costs as follows over the last six weeks: Week Units Total Etching Cost 1 9 $ 21 2 12 25 3 13 30 4 9 20 5 11 25 6 18 34 72 $ 155 For planning purposes, management would like to know the variable etching cost per unit and the total fixed etching cost per week. 2-a. Using the least-squares regression method, estimate the variable etching cost per unit and the total fixed etching cost per week. 2-b. Express these estimates in the form Y = a + bX.arrow_forwardMains supply failure alarm:1. Overview2. Need for this project3 . Working of the project4. Goal and Objectives 5. Scope and Limitationarrow_forwardQuestion 4 4.1 Discuss the supplier evaluation and selection process 4.2 Discuss the ethical consideration associated with completing a project in the shortest possible timearrow_forward
- Data of activities and weekly delivery costs Date Miles Driven Packages Delivered Delivery Stops Delivery Cost 1/1 2,656 15,700 12,175 $ 5,479 1/8 2,085 12,756 9,019 4,608 1/15 2,719 17,555 12,358 5,428 1/22 2,998 18,547 12,507 5,826 1/29 3,655 13,030 12,476 4,846 2/5 2,650 18,355 9,910 4,250 2/12 2,829 16,719 11,906 5,073 2/19 2,056 17,751 10,833 4,668 2/26 2,890 19,379 9,883 4,841 3/5 2,341 15,542 10,184…arrow_forward2.arrow_forwardDiscuss the various uses for break-even analysis. (paragraph)arrow_forward
- nity College | Pima x B Module 12 Practice Assignment 6 Question 1- Module 12 Practice x A ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=D0&launchUrl=https%253A%252F%252Flms.mheducation.com%252Fmghmiddleware%252Fr ediStay v4 E New Scorpion O Redistay - (Unknown) U Ulitpro -New e Scorpion (UAT) 5) Springfield - Home inContact Dashboards RediStay v4 (UAT) -... lodule 12 Practice Assignment_Ch.17 i Saved 1 Challenge Problem 17-25 (Static) [LU 17-2 (2)] A delivered price (including attachments) of a crawler dozer tractor is $135,000 with a residual value of 35%. The useful life of the tractor is 7,700 hours eBook Print a. What is total amount of depreciation allowed? References Total amount b. What is the amount of depreciation per hour? (Round your answer to the nearest cent.) Amount of depreciation per hourarrow_forwardW AutoSave Off H PGDPM AA Calendar JULY 2022 Final No Label ✓ File Home Insert Draw Design Layout 2 U Undo Page 29 of 32 ■ Paste X CA Clipboard Arial Q Search BIU U 32 of 5102 words 12 References A A Aa A x² A ab x₂ D✓ Av ab Font Mailings 6 QUESTION THREE QUESTION FOUR Review Search English (South Africa) Text Predictions: On 17° View Help ← = = = 三 H↓¶ Paragraph POSTGRADUATE DIPLOMA IN PROJECT MANAGEMENT - ACADEMIC AND ASSESSMENT CALENDAR Normal No Spacing 3.1 List and discuss at least 5 critical success factors for project quality management 3.2 Provide a diagram that best represents the quality management process and explain why this process is important. List and provide an overview of the processes in Quality Management Styles Accessibility: Unavailable W END OF PROJECT QUALITY MANAGEMENT Heading 1 5 Thembi Mdepa TM Comments Editing Dictate Focus Voice Sensitivity Sensitivity A ENG US Editing Editor Reuse Files Editor Reuse Files Share 4) b V + 100% 14:01 2023/04/10arrow_forwardQ3. How does Southwest Airlines know they are achieving their goals? Explain comprehensivelyarrow_forward
arrow_back_ios
SEE MORE QUESTIONS
arrow_forward_ios
Recommended textbooks for you
- BUSN 11 Introduction to Business Student EditionBusinessISBN:9781337407137Author:KellyPublisher:Cengage LearningEssentials of Business Communication (MindTap Cou...BusinessISBN:9781337386494Author:Mary Ellen Guffey, Dana LoewyPublisher:Cengage LearningAccounting Information Systems (14th Edition)BusinessISBN:9780134474021Author:Marshall B. Romney, Paul J. SteinbartPublisher:PEARSON
- International Business: Competing in the Global M...BusinessISBN:9781259929441Author:Charles W. L. Hill Dr, G. Tomas M. HultPublisher:McGraw-Hill Education
BUSN 11 Introduction to Business Student Edition
Business
ISBN:9781337407137
Author:Kelly
Publisher:Cengage Learning
Essentials of Business Communication (MindTap Cou...
Business
ISBN:9781337386494
Author:Mary Ellen Guffey, Dana Loewy
Publisher:Cengage Learning
Accounting Information Systems (14th Edition)
Business
ISBN:9780134474021
Author:Marshall B. Romney, Paul J. Steinbart
Publisher:PEARSON
International Business: Competing in the Global M...
Business
ISBN:9781259929441
Author:Charles W. L. Hill Dr, G. Tomas M. Hult
Publisher:McGraw-Hill Education