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ENGR-502 Mod 14

ENGR-502 Exam II

QuestionAnswer
A project that is terminated by extinction is not completed successfully. False
The new dean was completely uninterested in international programs, so he selected the least competent faculty to serve on the committee and took away their doughnut budget, effectively terminating the project by starvation. True
The build, operate, transfer option for projects requires the project contractor to take initial ownership of the project in order to make sure it works, thus mitigating risk in the short run. False
The actual carryover from one project to another is minimal because projects are unique, one-time events. False
Closeout activities are typically among the highest priority activities in a project. False
One major deterrent to effective project closeout is client acceptance of the project. True
Static factors that may play a role in the decision to terminate a project early include company image and the presence of high sunk costs. True
A classic early warning sign of project failure is the realization that a product being developed was targeting a market that few new products and firms were entering. True
The termination of the Hudson River Tunnel project is an example of: termination by extinction.
Termination by addition occurs when: the project is so successful that it becomes institutionalized.
Dept. head spent years developing Student Portfolio Project (SPP). It required faculty to create & maintain a database of students' work. The head retired, funding dried up. SPP was terminated by: starvation.
Which two types of project termination are reserved for successful projects? addition and integration
Which type of project termination can occur for a project that is successful and for a project that is unsuccessful? termination by extinction
The final items that are left to accomplish or correct at the end of a construction project are on the: punch list.
A significant challenge during the finishing the work element of project closeout management is to: maintain focus on the current project.
The BOT option for large projects is designed to: limit risk for the customer in the short run.
The disadvantage of a BOOT contract to the project organization is that they must take on: higher financial risks.
In order to facilitate acceptance for the project, the project team should start planning for the project's transfer and use during: the project development phase.
The trailer had been reinforced, re-decked and had a fresh coat of paint. It was fully complete and finally ready for a run to Kansas City to pick up a rebounding son. This project has achieved natural termination. True
Created by: sdturner
 

 



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