Premature Closure of Project
Question
It is now late October and the project is in stage 3
The label design competition has been held and the photos of the staff have been taken.
The CEO and Marketing Director still need to choose the winning label design and the 12 photos for the calendar.
However, the Executive has learned that two competitors are issuing calendars to MNO's customers by the middle of November.
After analyzing the impact of this Issue, one of the options the Project Manager has presented to the Project Board is to close the project prematurely.
There are a number of key facts relating to this project that would need to be recorded if the project Y-e to be closed now.
Which product should show that the project has been closed prematurely and has not achieved the objectives defined in the Project Initiation Documentation (PID)?
Answers
Explanations
Click on the arrows to vote for the correct answer
A. B. C. D.B.
When a project is terminated prematurely, it is necessary to document the reasons for its closure, the impact it had, and the steps taken to close it down. Additionally, it is essential to document that the project did not achieve the objectives defined in the Project Initiation Documentation (PID). The product that should show that the project has been closed prematurely and did not achieve its objectives is the End Project Report.
The End Project Report is a product of the Closing a Project process and is produced at the end of the project. It summarizes the project's performance against its objectives and documents the reasons for its closure. The End Project Report provides a final review of the project's performance, which can be used as a reference for future projects.
In this scenario, the Project Manager has presented an option to close the project prematurely due to a change in circumstances. If this option is selected, the Project Manager must produce the End Project Report to document the project's premature closure and its failure to achieve its objectives as defined in the Project Initiation Documentation (PID).
The Benefits Review Plan is a product that outlines the benefits expected from the project and how they will be measured. It is produced during the Initiation stage of the project and is used to track the progress of the project towards achieving its benefits. It is not relevant in this scenario because the project is being closed prematurely, and the expected benefits will not be achieved.
The Exception Report is a product of the Controlling a Stage process, used to inform the Project Manager of any issues or risks that may have an impact on the project. It is not relevant in this scenario because the Project Manager is already aware of the issue that caused the project to be closed prematurely.
The Project Closure Notification is a communication product used to inform stakeholders that the project has been closed. It is produced during the Closing a Project process, and it informs stakeholders of the project's completion, including its successes and failures. However, it does not provide the detailed information required to document the project's premature closure and its failure to achieve its objectives.
In conclusion, the End Project Report is the product that should show that the project has been closed prematurely and did not achieve its objectives as defined in the Project Initiation Documentation (PID). It documents the project's performance against its objectives, the reasons for its closure, and the impact it had.
