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50 Cards in this Set

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In termination by __________, project assets are transferred from the dying project to a newly born division.

addition

When a decision is made to terminate a project by __________, the most noticeable event is that all activity on the substance of the project ceases.

extinction

The __________ stage of the project rarely has much impact on the technical success or failure of the project.

termination

In termination by __________, project assets are distributed among the existing elements of the parent organization.

integration

In general, the problems of __________ are inversely proportional to the level of experience that the parent organization has had with the project’s technology, regardless of which technology is associated with the project.

integration

Which of the following is a nontechnical reason why a project might be terminated?

politics

Project managers should communicate to their team members that retirement while still on-the-job and __________ will not be tolerated.

tenure-for-life

The __________ section of a final report should provide details regarding effective and ineffective practices of the administrators.

administrative performance

All of the following are responsibilities of the termination manager EXCEPT:

ensuring that documentation is stopped before completion.

It is more important to select a project manager who has __________.

strong managerial skills or training

During project termination, personnel performance evaluations should be prepared by the __________ or whoever supervised the work of each individual team member, not by a specially appointed termination manager.

project manager

During the implementation of project termination, the __________ should ensure that the client acknowledges acceptance of the project.

termination manager

Institutionalizing a project at termination by making it a formal part of the parent organization is an example of termination by __________.

addition

Termination by starvation happens when decrements to the budget are large enough to prevent __________ on the project and to force the reassignment of many project team members.

further progress

Termination by __________ is the most common and complex way of dealing with the closeout of successful projects.

integration

Two important characteristics of termination by __________, premeditated or not, are the suddenness of project demise and the lack of obvious signals that death is imminent.

murder

Most studies have shown that the factors associated with project success or failure is different across different industries and the various types of projects.

True

Sunk costs should not be considered when making investment decisions.

True

Special termination managers are not very useful in completing the long and involved process of shutting down the project.

False

The project performance section of the final project report provides a comparison of what the project achieved with what the project tried to achieve.

True

The fundamental purpose of the final project report is to improve future projects.

True

The termination stage of the project rarely has much impact on ________.

Technical success or failure of the project

When a decision is made to terminate a project by extinction, the most noticeable event is that ________.

All activity on the substance of the project ceases

In termination by addition, project assets are ________.

Transferred from the dying project to the newly born division

In termination by integration, project assets are ________.

Distributed among the existing elements of the parent organization

In general, the problems of integration are ________ to the level of experience that the parent organization has had with the technology being integrated and to the successful integration of other projects, regardless of technology.

Inversely proportional

During the implementation of project termination, if personnel performance evaluations are required, they should be prepared by the ________.

Project manager or the immediate supervisor of each individual team member

During the implementation of project termination, the termination manager should ensure that ________.

Formal acceptance of the project is acknowledged by the client

Most studies have shown that the factors associated with project success or failure ________ the various types of projects.

Are different across different industries and

The special case of termination by extinction wherein the project experiences a sudden demise even though obvious signals were lacking that death was imminent is known as ________.

termination by murder

If a project is a major success and it is terminated by institutionalizing it as a formal part of the parent organization, this is an example of termination by ________.

addition

Termination by ________ is the most common way of dealing with successful projects, and the most complex.

integration

Termination by ________ happens when decrements to the budget are large enough to prevent further progress on the project and to force the reassignment of many project team members.

starvation

A ________ cost is not relevant to current investment decisions.

sunk

Special ________ managers are sometimes useful in completing the long and involved process of shutting down the project.

termination

A good project management system will have a ________ that should be documented in the project final report.

memory

The ________ section of the final project report is a comparison of what the project achieved with what the project tried to achieve.

project performance

The ________ section of the final project report contains a review of administrative practices.

administrative performance

The ________ section of the final project report contains comments regarding how the organizational structure aided or impeded the progress of the project

organizational structure

The fundamental purpose of the final project report is to ________

improve future projects

Bringing the project into the organization as a separate, ongoing entity is called ________.

termination by addition

The end of all activity on a project without extending it in some form is referred to as ________.

extinction

Bringing the project activities into the organization and distributing them among existing functions is referred to as ________.

termination by integration

Cutting a project's budget sufficiently to stop progress without actually killing the project is referred to as ________.

termination by starvation

The ________ is an administrator responsible for wrapping up the administrative details of a project.

termination manager

Discuss the conditions where it can be said that a project has been terminated.

A project can be said to be terminated when work on the substance of the project has ceased or slowed to the point that further progress on the project is no longer possible, when the project has been indefinitely delayed, when its resources have been deployed to other projects, or when project personnel (especially the PM) become personae non gratae with senior management and in the company lunchroom.

Name the four fundamentally different ways to close out a project.

The four fundamentally different ways to close out a project are: extinction, addition, integration, and starvation.

Identify some of the more important aspects of the transition from project to integrated operation that must be considered when the project functions are distributed.

Aspects to consider include: personnel, manufacturing, accounting/finance, engineering, information systems/software, marketing, purchasing, distribution, legal, and administrative procedures.

Identify a few of the fundamental reasons why some projects fail to produce satisfactory results.

Reasons include: a project organization is not required; there is insufficient support from senior management; the wrong person was selected as project manager; and a poor plan was used to execute a project.

Identify the two generic categories of decision-making models used for making project termination decisions.

First, there are models that base the decision on the degree to which the project qualifies against the set of factors generally held to be associated with successful (or failed) projects. Second, there are models that base the decision on the degree to which the project meets the goals and objectives set for it.