Questions: UNIT 4 — CHALLENGE 4.1: The Closing Process LEARNING OBJECTIVE: Determine the steps involved in the process of closing a project. As her project ended, Selena reviewed the checklist and determined the project was ready to close. Based on the status of Selena's project, select the next two steps she will perform in the closing process. a.) Close out any contracts, and then complete the lessons learned. b.) Gain approval, and then complete the lessons learned. c.) Complete the required documentation according to the governance, and then gain approval. d.) Close out any contracts, and then complete the required documentation according to the governance.

UNIT 4 — CHALLENGE 4.1: The Closing Process

LEARNING OBJECTIVE: Determine the steps involved in the process of closing a project.

As her project ended, Selena reviewed the checklist and determined the project was ready to close.

Based on the status of Selena's project, select the next two steps she will perform in the closing process.

a.) Close out any contracts, and then complete the lessons learned.

b.) Gain approval, and then complete the lessons learned.

c.) Complete the required documentation according to the governance, and then gain approval.

d.) Close out any contracts, and then complete the required documentation according to the governance.
Transcript text: UNIT 4 — CHALLENGE 4.1: The Closing Process LEARNING OBJECTIVE: Determine the steps involved in the process of closing a project. As her project ended, Selena reviewed the checklist and determined the project was ready to close. Based on the status of Selena's project, select the next two steps she will perform in the closing process. a.) Close out any contracts, and then complete the lessons learned. b.) Gain approval, and then complete the lessons learned. c.) Complete the required documentation according to the governance, and then gain approval. d.) Close out any contracts, and then complete the required documentation according to the governance.
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Solution

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The answer is the fourth one (or D): Close out any contracts, and then complete the required documentation according to the governance.

Explanation for each option:

a.) Close out any contracts, and then complete the lessons learned.

  • This option is partially correct. Closing out contracts is indeed a crucial step in the project closing process. However, completing the lessons learned typically comes after all documentation and approvals are finalized.

b.) Gain approval, and then complete the lessons learned.

  • This option is not entirely correct. While gaining approval is necessary, it usually comes after ensuring all contracts are closed and documentation is completed. Completing the lessons learned is one of the final steps.

c.) Complete the required documentation according to the governance, and then gain approval.

  • This option is also partially correct. Completing the required documentation and gaining approval are important steps, but closing out contracts should come before these steps.

d.) Close out any contracts, and then complete the required documentation according to the governance.

  • This option is the most accurate. The first step in the closing process is to ensure all contracts are closed. After that, completing the required documentation according to governance is essential before gaining final approval and completing lessons learned.

Summary: Selena should first close out any contracts and then complete the required documentation according to the governance.

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