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ASSESS YOUR UNDERSTANDING Go to www.wiley.com/college/portny to assess your know

ID: 434308 • Letter: A

Question

ASSESS YOUR UNDERSTANDING Go to www.wiley.com/college/portny to assess your knowledge of the basics of project evaluations. Measure your learning by comparing pre-test and post-test results. Summary Questions 1. Technical projects are audited; nontechnical projects are evaluated. True or false? 2. It is appropriate for project managers to have responsibilities in both project audits and project evaluations, even though these termination activities sometimes achieve different final results. True or false? project evaluation. True or false?

Explanation / Answer

Answer 1: False

Technical projects are audited and non technical projects are evaluated. This is not true statement as both type of projects are required to be evaluated. Audit is the approach for the project evaluation. Technical project ans non-technical projects needs to deliver their target objective and that objective needs to be evaluated. This can be done by audting processes as well.

Answer 2 : False

The project manager should not have responsibility for project audit and project evaluation. The project manager should be the person facing the audit or evaluation and should act as a auditee for the project audit and evaluation. If project manager has the responsibility for project audit and evaluation, then he may mislead the audit / evaluation and the whole purpose will be lost.

Answer 3: False

The project final report generally do not contain the information gathered in the post project evaluation. The project final report contains the project summary which gives the details of the project outcome along with project lead time and cost informations.