Question: Only one tool or technique below is a tool or a technique of the process “Close Project or Phase”. Which one?

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Project Management Terminology

Estimate Costs. The process of developing an approximation of the monetary resources needed to complete project work.

Project Management Process Group. A logical grouping of project management inputs, tools and techniques, and outputs. The Project Management Process Groups include initiating processes, planning processes, executing processes, monitoring and controlling processes, and closing processes. Project Management Process Groups are not project phases.

Common Acronyms

ES (english) : Early Start date

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Question to a Project Management Professional

Question Select the best option
Only one tool or technique below is a tool or a technique of the process “Close Project or Phase”. Which one?
  1. Ground rules.
  2. Strategies for opportunities.
  3. Source selection analysis.
  4. Expert judgement.
Answer & Explanation
Right answer
    1. Ground rules.
    2. Strategies for opportunities.
    3. Source selection analysis.
    4. Expert judgement.

Explanation : The only tool or technique that belongs to the process “Close Project or Phase” is expert judgement.

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