Flashcards
Chapter 4 Project Integration Management
Cards in this deck (56)
- 127. _____ involves working with stakeholders to create the document that formally authorizes a project. a. Developing the project charter b. Developing the preliminary project scope statement c. Developing the project management plan d. Performing integrated change controla. Developing the project charter
- 228. _____ involves coordinating all planning efforts to create a consistent, coherent document. a. Developing the project charter b. Developing the preliminary project scope statement c. Developing the project management plan d. Developing the organizational process assets updatesc. Developing the project management plan
- 329. The outputs of the _____ process include change request status updates, project management plan updates, and project document updates. a. initiating b. planning c. executing d. monitoring and controllingd. monitoring and controlling
- 430. The first step in the planning process is _____. a. to tie the information technology strategic plan to the organization’s overall strategic plan b. to perform a business area analysis c. to start defining potential IT projects in terms of their scope, benefits, and constraints d. to choose which projects to do and assigning resources to work on thema. to tie the information technology strategic plan to the organization’s overall
- 531. The _____ stage of information technology planning outlines business processes that are central to achieving strategic goals and helps determine which ones could most benefit from information technology. a. project planning b. business area analysis c. resource allocation d. information technology strategy planningb. business area analysis
- 632. In the _____ stage of selecting information technology projects, organizations define project scope, benefits, and constraints. a. project planning b. business area analysis c. resource allocation d. information technology strategy planninga. project planning
- 733. In the _____ stage of selecting information technology projects, organizations select information technology projects.c. resource allocation
- 834. _____ are new requirements imposed by management, government, or some external influence. a. Opportunities b. Charters c. Problems d. Directivesd. Directives
- 935. _____ analysis is a method of calculating the expected net monetary gain or loss from a project by discounting all expected future cash inflows and outflows to the present point in time. a. Cost of capital b. Net present value c. Cash flow d. Paybackb. Net present value
- 1036. Benefits minus costs is known as the _____. a. cost of capital b. cash flow c. discount factor d. opportunity cost of capitalb. cash flow
- 1137. The first step in determining the NPV is to _____. a. determine the estimated costs and benefits for the life of the project and the products it produces b. determine the discount rate c. calculate the net present value d. determine the cash flowa. determine the estimated costs and benefits for the life of the project and the products it produces
- 1238. Which of the following is true of return on investment or ROI? a. It is always a percentage. b. It is always a positive number. c. It is the result of adding the project costs to the profits. d. The lower it is, the better.a. It is always a percentage.
- 1339. The _____ is the minimum acceptable rate of return on an investment. a. capitalization rate b. internal rate of return c. discount rate d. required rate of returnd. required rate of return
- 1440. Payback occurs when: a. the net cumulative benefits minus costs equal one. b. the net cumulative benefits equal the net cumulative costs. c. the net costs are lower than the cumulative benefits. d. the cumulative benefits are double the cumulative costs.b. the net cumulative benefits equal the net cumulative costs.
- 1541. A project’s internal rate of return can be determined by finding what discount rate results in an NPV of _____ for the project. a. zero b. one c. a hundred percent d. fifty percenta. zero
- 1642. In a weighted scoring model, the sum of the weights of all the criteria must total _____ percent. a. 10 b. 50 c. 100 d. 150c. 100
- 1743. A _____ is a document that recognizes the existence of a project and provides direction on the project’s objectives and management. a. stakeholder register b. risk register c. directive d. project charterd. project charter
- 1844. The business case includes information on _____. a. the business need for the project b. relevant government or industry standards c. the project objective, high-level requirements, and time and cost goals d. policies, procedures, guidelines, and systems that influence a project’s successc. the project objective, high-level requirements, and time and cost goals
- 1945. Which of the following are organizational process assets? a. Management systems b. The organization’s infrastructure c. Government standards d. Marketplace conditionsa. Management systems
- 2046. A _____ is a document used to coordinate all project planning documents and help guide a project’s execution and control. a. project management plan b. statement of work c. scope statement d. business casea. project management plan
- 2147. The _____ section of the project plan should describe the major project functions and activities and identify those individuals who are in charge of them. a. organizational charts b. other organizational or process-related information c. project responsibilities d. management objectivesc. project responsibilities
- 2248. The _____ section of the project management plan describes how to monitor project progress and handle changes. a. management objectives b. project controls c. risk management d. technical processesb. project controls
- 2349. The _____ section of the project management plan describes specific methodologies a project might use and explains how to document information. a. management objectives b. project controls c. risk management d. technical processesd. technical processes
- 2450. The project schedule information section of the project management plan includes ____. a. a detailed budget b. a list of key deliverables c. an elaborate timetable d. a directory of staff involved in the projectc. an elaborate timetable
- 2551. The majority of time on a project is usually spent on _____, as is most of the project’s budget. a. execution b. planning c. closing d. monitoring and controllinga. execution
- 2652. _____ should result in improvements in project performance. a. Corrective actions b. Defect repairs c. Preventive actions d. Product acceptance plansa. Corrective actions
- 2753. Which of the following is a proactive process undertaken to reduce the probability of negative consequences associated with project risks? a. Performance reports b. Preventive actions c. Defect repairs d. Corrective actionsb. Preventive actions
- 2854. An IT company revises its process parameters in response to complaints from vendors that products were not ready on time. This would be an example of _____. a. cost forecasting b. a preventive action c. defect repairs d. a corrective actiond. a corrective action
- 2955. A(n) _____ is a formal, documented process that describes when and how official project documents may be modified, the people authorized to make modifications, and the paperwork required for these changes. a. WBS b. project charter c. performance report d. change control systemd. change control system
- 3056. _____ involves identifying and controlling the functional and physical design characteristics of products and their support documentation, and ensures that the descriptions of the project’s products are correct and complete. a. NPV analysis b. Project management information systems c. Configuration management d. Project time managementc. Configuration management
- 311. In project integration management, directing and managing project execution involves carrying out the project management plan by performing the activities included in it. a. True b. FalseTrue
- 322. Interface management involves identifying and managing the points of interaction between various elements of a project. a. True b. FalseFalse
- 333. The number of interfaces in a single project is limited, and does not depend on the number of people involved in the project. a. True b. FalseFalse
- 344. Project integration management must occur just within the context of a particular project. a. True b. FalseFalse
- 355. A SWOT analysis, being a linear process, cannot be performed using the nonlinear mind mapping technique. a. True b. FalseFalse
- 366. An organization’s information technology project selection process should guide the strategic plan. a. True b. FalseFalse
- 377. Information systems can help an organization support a strategy of being a low-cost producer. a. True b. FalseTrue
- 388. Projects that address broad organizational needs are likely to fail. a. True b. FalseFalse
- 399. As projects progress, the organization must reevaluate the need, funding, and will for each project to determine if the project should be continued, redefined, or terminated. a. True b. FalseTrue
- 4010. Opportunities and directives are essentially the same thing. a. True b. FalseFalse
- 4111. Projects that arise as a result of problems and directives must be resolved quickly to avoid hurting an organization’s business. a. True b. FalseTrue
- 4212. The organization should complete low-priority projects before high-priority ones, if the low-priority ones take less time. a. True b. FalseFalse
- 4313. An organization should consider only projects with a negative NPV if financial value is a key criterion for project selection. a. True b. FalseFalse
- 4414. NPV analysis is a method for making equal comparisons between cash flows for multi-year projects. a. True b. FalseTrue
- 4515. An annual discount factor is a multiplier for each year based on the discount rate and year. a. True b. FalseTrue
- 4616. The ROI is always positive. a. True b. FalseFalse
- 4717. Payback period is the amount of time it will take to recoup, in the form of net cash inflows, the total dollars invested in a project. a. True b. FalseTrue
- 4818. A project charter typically does not authorize the project manager to use organizational resources to complete the project. a. True b. FalseFalse
- 4919. Some organizations initiate projects using a contract in place of a project charter. a. True b. FalseTrue
- 5020. Many projects fail because of unclear requirements and expectations, so starting with a payback analysis makes a lot of sense. a. True b. FalseFalse
- 5121. The introduction or overview of a project must only include a list of definitions and acronyms. a. True b. FalseFalse
- 5222. A Gantt chart is the same as a project management plan. a. True b. FalseFalse
- 5323. It is necessary that IT project managers have prior technical experience in creating and managing IT products. a. True b. FalseFalse
- 5424. Corrective actions reduce the probability of negative consequences associated with project risks, while preventive actions should result in improvements in project performance. a. True b. FalseFalse
- 5525. Change requests are always made in writing. a. True b. FalseTrue
- 5626. Organizational process asset updates are an important output of the closing process of a project. a. True b. FalseTrue
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- CIS 4375 Flashcards on Chapter 4 Project Integration Management, created by Technology Technology on 06/10/2018.
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- Technology Technology · Oct 2018
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- Oct 6, 2018
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