PMI Project Closure & Lessons Learned 2

Question 1

Which organizational process asset is most directly updated as a result of the Close Project or Phase process?

Accepted Answer

Lessons learned repository

Answer

Risk management plan

Answer

Stakeholder register

Answer

Project charter template

Question 2

During project closure, what should be done with team members who were assigned to the project?

Accepted Answer

They should be formally released and returned to the resource pool or functional areas

Answer

They should remain on the project indefinitely until all issues are resolved

Answer

They should be reassigned to new projects without formal notification

Answer

Their performance should not be evaluated until six months after closure

Question 3

What distinguishes project closure from phase closure?

Accepted Answer

Phase closure ends a project segment while project closure ends the entire project

Answer

Project closure occurs more frequently than phase closure

Answer

Phase closure requires more documentation than project closure

Answer

Project closure only applies to projects under $1 million

Question 4

Which of the following is NOT a typical activity during project closure?

Accepted Answer

Developing the project scope statement

Answer

Obtaining formal acceptance of deliverables

Answer

Archiving project documents

Answer

Releasing project team members

Question 5

What is the purpose of a procurement audit conducted during project closure?

Accepted Answer

To review the procurement process and identify successes and failures for lessons learned

Answer

To identify new vendors for future projects

Answer

To renegotiate contract terms with existing vendors

Answer

To create new procurement documentation templates

Question 6

Which statement best describes contract closure during project closure?

Accepted Answer

It verifies all deliverables are complete and acceptable before authorizing final payment

Answer

It only applies to contracts that had formal disputes

Answer

It requires re-bidding for any remaining work

Answer

It is optional when both parties informally agree to skip it

Question 7

During lessons learned sessions, what facilitation approach is most effective according to PMI?

Accepted Answer

Include all key stakeholders and encourage open discussion of both successes and failures

Answer

Only project managers should speak to maintain efficiency

Answer

Focus exclusively on what went wrong to prevent future mistakes

Answer

Conduct sessions individually to avoid group influence