Question 1
C) Systems analyst
Question 2
B) Potential
Question 3
D) Baseline project plan
Question 4
C) Project scope document
Question 5
D) Serve as a contract
Question 6
A) Unlimited resource and infinite time
Question 7
C) Customer goodwill
Question 8
C) Update estimates at the end of the project
Question 9
C) System conversion
Question 10
B) Time value of money
Question 11
D) System cost
Question 12
D) Failure to assess and manage risks
Question 13
D) Risks
Question 14
A) A 45-hour work week
Question 15
C) In the system description document
Question 16
B) Treasurer
Question 17
D) Project budget
Question 18
C) Mission statement
Question 19
C) Identifying the entire team for project
Question 20
D) System Description
//Feel free to comment if further clarification is needed
Sample Questions (Midterm Exam) Chapter 5 Initiating and Planning Systems Development Projects 1) Who is typically...
5. All of the following are true about projects and operations EXCEPT: A Operations are ongoing endeavours that produce repetitive outputs, with resources assigned to do basically the same set of tasks according to the standards institutionalzed in a product life cycle, whereas projects are temporary endeavours Projects require project management activities and skill sets, whereas operations require business process management, operations management activities, and skill sets. Projects can intersect with operations at various points during the product life cycle....
1 Which of the following is true regarding the code of accounts? a It allows one to easily identify the breakdown level of the item in the resource structure. b It describes the coding structure used by the performing organization to report financial information in its general ledger. c It is the collection of unique identifiers generally assigned to WBS items. d It defines ethical behavior in the project and the responsibilities to the customer and the profession. 2 You...
Question #12 On agile projects, the scope definition begins with: A-Requirements B-large chunks of work, or features C-work packages D: stories and personas Question# 13 Which of the following is an advantage associated with managing projects in a functional organization? A-Traditional department barriers are reduced. B-Combines task focus with technical capability. C- Rapid communication between the various functions working on the project. D-Rapid communication between the various functions working on the project. Question #14 A project communications plan generally includes...
IT Project Management: Chapter 7 Project Cost Management: 1. If the cost estimate will be the basis for contract awards and performance reporting, it should be a ____ and as accurate as possible. a. budgetary estimate b. definitive estimate c. rough order of magnitude estimate d. final estimate 2. The main outputs of the ____________________ process are activity cost estimates, basis of estimates, and project document updates. 3. It’s important for the team to ____________________ assumptions they made when developing...
Systems Design and Lifecycle Managament
Question 1 Scope and schedule are examples of: Project Management processes Project Management tools. PMBOK areas of knowledge Project Management objectives Project Management infrastructure Question 2 The overall goal and measure of project success is: o the project's MOV o the project's NPV o the project's technical competency. o the project's adherence to budget and schedule. o the project's end-user acceptance. Question 3 A project that increased market share would impact the area of an...
Styles 12) Estimating benefits and expenditures to determine whether a proposed system would be beneficial is known as A) the "best guess model of benefit analysis B) the "value added" benefit model C) the capital budgeting model. D) the estimated benefits model 13) Refer to the table below, which shows the results of payback, net present value, and internal rate of return analysis of four projects. Which is preferred by the payback criterion? D C 45 $1.851 19.64% 5 10...
9. A project manager spent some days to create a multi-page document, which he called project charter. The document should have been issued by the project sponsor.The sponsor found the document outsized and asked for a condensed document. Which of the following is usually not an element of the project charter? a. The authority level of the project manager b. Detailed control account and work package descriptions C. The business need that the project was undertaken to address d. High-level...
1 Which statement describes best why you should document assumptions? a Assumptions might prove to be wrong. Knowing which assumptions were incorrect allows baseline adjustments in case of project crisis. b Assumption analysis is a valuable tool and technique to explore the validity of assumptions during risk identification. c Assumptions limit the project management team's options for decision making because they can not be controlled by the team. d In case of schedule or budget overruns, the documentation of assumptions...
1 distinguish between the following and giving example where necessary a) wuantifiable and non quantifiable projects b) projects and plans c) projects and programs project with tangieble product and project with non tangieble product 2 explain the following aspects of project planning and management clearly showing the features of project analysis and pre promotion a) technical aspects b) social aspects c) financial aspects d) economic aspects 3 project implementation may run into several problems especially in developing countries. explain four...
please help me with these information systems questions: 1. Which of the following is true? a. Systems thinking treats only information systems as systems. b. Systems thinking treats only computer hardware as a system. c. Systems thinking treats only computer software as a system. d. Systems thinking treats only information systems and IT people as systems. e. None of the above is true.