PMP Certification Training - Project Closure

The video tutorial explains the process of closing a project or phase, highlighting its benefits such as archiving information, completing planned work, and releasing resources. It details the inputs required, including the project charter, management plan, and various logs. The tutorial also covers procurement and legal closure, emphasizing the importance of formal acceptance of deliverables. Tools and techniques like expert judgment and data analysis are discussed, along with the outputs of project closure, such as final reports and lessons learned.

What is one of the key benefits of the project closure process?

• Reducing project costs

• Increasing project scope

• Archiving project information

• Initiating new projects

Which document records the project success criteria and approval requirements?

• Quality Report

• Risk Register

• Change Log

• Project Charter

What is the purpose of the assumption log in the project closure process?

• To record assumptions and constraints

• To track project costs

• To list project milestones

• To document quality control measures

Which analysis technique is used to identify lessons learned for future projects?

• Variance Analysis

• Trend Analysis

• Regression Analysis

• Document Analysis

What is the role of meetings in the project closure process?

• To reduce project scope

• To increase project budget

• To confirm deliverables and gather lessons learned

• To initiate new phases

What does the final report of a project typically include?

• A list of project team members

• A summary of project performance

• A list of new project ideas

• A detailed project budget

What happens to the final product after project closure?

• It is used to start a new project

• It is discarded

• It is stored in the project archive

• It is handed over to another group for operation