Question:
Which of the following statements regarding the Close Project or Phase process is correct?
A. The Close Project or Phase process is used only for successful projects
B. The Close Project or Phase process is always the last process that is performed during the project
C. The Close Project or Phase process is performed prior to the administrative closure
D. The Close Project or Phase process completes all procurements
Hint: Close Project or Phase is the process of finalizing all activities across all of the project management process groups to formally complete the project or phase.
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Answer and Explanation:
The Correct Answer is B.
The PMBOK Guide defines this process as follows: "Close Project or Phase is the process of finalizing all activities across all of the Project Management Process Groups to formally complete the project or phase." The Close Project or Phase process is used for both the successful and failed projects. Saying that this process completes prior to the administrative closure is incorrect. And the process is definitely not responsible for dealing with closing the procurements. The only statement that is correct in all possible cases is that the Close Project or Phase process will be the final project process.