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Project_MGMT

Midterm multiple choice adapted from homeworks 1-5

QuestionAnswer
According to the CHAOS studies, IT projects Project success is improving because of better project management tools and processes, smaller projects, and improved communication
The top factors to project success as reported by the CHAOS studies focus on: user involvement and executive support
The Value-Driven Approach focuses on providing value to the organization.
The Socio-Technical Approach focuses on using technology to meet the needs of the business.
A project is a temporary endeavor undertaken to accomplish a unique product, service, or result.
The triple constraint relationship that the text discusses refers to: scope, schedule, and budgets
The project manager is responsible for ensuring that all management and technical processes are in place and carried out.
Which of the following organizational variables can influence the selection of IT projects? all of the above
Only the most successful projects are likely to lead to best practices. False
Assumptions are what we use to estimate scope, schedule and budget and to assess the risks of the project. True
The _________ gives authority to the project manager to begin carrying out the processes and tasks associated with the systems development life cycle . project charter
_____ provides all the tactical details concerning who will carry out the work and when it will be accomplished. project plan
Verification of all project deliverables occurs during ___. Close project (Phase 4)
The overall goal and measure of project success is: the project's MOV.
Calculate the ROI for a project with total expected costs of $40,000 and total expected benefits of 35,000. Selected Answer: -12.5%
All of the following are iterative systems development methods except: Waterfall
The significant event at the conclusion of each phase is called _____. milestone
Breaking a project down into phases increases the complexity and project risk. False
Constraints are factors that can limit the project and usually can have an impact on scope, schedule, budget, or quality. True
_____ help initiate, plan, execute, monitor and control, and close a project. Project management processes
The performance of an organization or a project is influenced largely by how well its resources are organized. True
A single organizational structure is best for all organizations regardless of strategy. False
Stakeholders are individuals, groups, or even organizations that have a stake or claim in the project’s outcome. True
An IT project manager’s technical knowledge is much more important that his or her ability to communicate with people. False
The _____ is a narrative description of the product, service, or Information System. Statement of Work
A Data Flow Diagram: is useful for refining the scope boundary and defining what the system must do.
The _____ helps to identify the main functions or features of the system and the different users or external systems that interact with the system. Use case diagram
Continuously agreeing to project changes is an example of: scope creep
Joint application development is a group-based method where users and systems analysts jointly define the system requirements or design the system. True
Project scope defines the work boundaries and deliverables of the project. True
Project success will be determined in large part by _____ thinking carefully through activities and estimating their durations.
The Work Breakdown Structure is subdivided into smaller components called: work packages
A significant event or achievement that provides evidence that a deliverable is complete is called a _____ milestone
The 100 percent rule relates to___ the next level decomposition of a WBS element must represent 100 percent of the work applicable to the parent element.
Too much detail in the WBS can lead to _____ micromanagement.
An estimation technique characterized by schedule and cost estimates of how long something should take or should cost. Top-Down Estimating
With _____, activity estimates are usually provided by the team members. Bottom-Up Estimating
_____ focuses on the processes, tools, and methods for developing a quality approach to developing software. Software engineering
_____ is a parametric model using dependent variables based upon one or more independent variables that are measures of performance or physical attributes of the system. COCOMO
Each phase of the project should provide at least one specific deliverable. True
The tool most closely associated with activity bars across a horizontal time axis is: Gantt Charts
The amount of time an activity can be delayed before affecting the project deadline is _____ slack
The Critical Path is: the longest path in the project network.
Completing activities in parallel is called_____ fast tracking
The technique used to help manage the Polaris submarine project and which bases activity estimates on probabilistic estimates of three scenarios is most closely associated with: PERT
Based upon the following diagram and activity durations, the Critical Path is: A+B+D+F+H+J
Under the Precedence Diagramming Method, the situation which occurs when two activities can start at different times, have different durations, but are planned to be competed at the same time is called: Finish-To-Finish (FF)
Scheduling other projects so that resources may be shared is_____ Critical Chain Project Management
The final step in determining the cost of an activity is: ensuring resources are leveled
Rent, utilities, insurance and administrative costs are examples of: Indirect Costs
Created by: ITSec_guy