Question 1

Describe the process of portfolio analysis.In what situations is this evaluation method useful?

Accepted Answer

Portfolio analysis inventories all of th

Question 2

The cost of a project is based on the time to complete a project multiplied by the cost of human resources required to complete the project.

Accepted Answer

A) True 
 B)False

Question 3

Which type of planning tool shows each task as a horizontal bar whose length is proportional to the time required to complete it?

Accepted Answer

A) PERT chart 
B) Gantt chart 
C) Both a PERT chart and a Gannt chart 
D) Scoring model 
E) Portfolio analysis 
A) PERT chart 
B) Gantt chart 
C) Both a PERT chart and a Gannt chart 
D) Scoring model 
E) Portfolio analysis

Question 4

You are working as a project manager for a small IT consulting firm and have been asked to create a plan for reviewing and auditing completed projects in order to gauge their success.What factors will you use to measure the success of a project? What questions would you ask in order to understand why a project succeeded or failed?

Accepted Answer

Student answers will vary but should inc

Question 5

The ________ consists of systems analysts,specialists from the relevant end-user business areas,application programmers,and perhaps database specialists.

Accepted Answer

A) project management group 
B) project team 
C) IS steering committee 
D) corporate strategic planning committee 
E) system planning committee 
A) project management group 
B) project team 
C) IS steering committee 
D) corporate strategic planning committee 
E) system planning committee

Question 6

Which of the following would not be covered in the Management Strategy section of an information systems plan?

Accepted Answer

A) Acquisition plans 
B) Progress reports 
C) Organizational realignment 
D) Internal reorganization 
E) Major training initiatives 
A) Acquisition plans 
B) Progress reports 
C) Organizational realignment 
D) Internal reorganization 
E) Major training initiatives

Question 7

Which of the following project management variables defines what work is or is not included in a project?

Accepted Answer

A) Goals 
B) Risk 
C) Quality 
D) Scope 
E) Cost 
A) Goals 
B) Risk 
C) Quality 
D) Scope 
E) Cost

Question 8

A benefit of using TCO analysis to evaluate an information technology investment is that it is able to incorporate intangible and "soft" factors such as benefits and complexity costs.

Accepted Answer

A) True 
 B)False

Question 9

Counterimplementation is best defined as:

Accepted Answer

A) multiple implementations that are run in parallel. 
B) deliberate attempts to thwart the implementation of a system. 
C) critiquing the implementation of a system constructively. 
D) all of the organizational challenges involved in implementing a system. 
E) strategies used to overcome user resistance to change. 
A) multiple implementations that are run in parallel. 
B) deliberate attempts to thwart the implementation of a system. 
C) critiquing the implementation of a system constructively. 
D) all of the organizational challenges involved in implementing a system. 
E) strategies used to overcome user resistance to change.

Question 10

The worth of systems from a financial perspective essentially revolves around the issue of:

Accepted Answer

A) total cost of ownership. 
B) adherence to information requirements. 
C) asset utilization. 
D) return on invested capital. 
E) the cost of computing equipment. 
A) total cost of ownership. 
B) adherence to information requirements. 
C) asset utilization. 
D) return on invested capital. 
E) the cost of computing equipment.

Question 11

An information systems plan contains a statement of corporate goals and specifies how information technology will support the attainment of those goals.

Accepted Answer

A) True 
 B)False

Question 12

You have been hired by a firm in a non-information-intensive industry to evaluate its inventory of systems and IT projects.Which types of projects should the firm focus on?

Accepted Answer

A) High-risk projects 
B) Low cost,low-benefit projects 
C) High-benefit,low-risk projects 
D) Any project that might be beneficial 
E) Low cost,high benefit projects 
A) High-risk projects 
B) Low cost,low-benefit projects 
C) High-benefit,low-risk projects 
D) Any project that might be beneficial 
E) Low cost,high benefit projects

Question 13

Formal planning and control tools:

Accepted Answer

A) are used to select projects where many criteria must be considered. 
B) enable a project manager to properly document and monitor project plans. 
C) are used to evaluate alternative systems projects. 
D) link the work of the implementation team with users at all organization levels. 
E) serve as a road map indicating the direction of systems development. 
A) are used to select projects where many criteria must be considered. 
B) enable a project manager to properly document and monitor project plans. 
C) are used to evaluate alternative systems projects. 
D) link the work of the implementation team with users at all organization levels. 
E) serve as a road map indicating the direction of systems development.

Question 14

Successful system building requires careful ________ management to minimize organizational resistance.

Accepted Answer

A) cost 
B) technology 
C) change 
D) supply chain 
E) system application 
A) cost 
B) technology 
C) change 
D) supply chain 
E) system application

Question 15

Scoring models are most commonly used to make the final decision when selecting different systems.

Accepted Answer

A) True 
 B)False

Question 16

According to the Project Management Institute,what is the leading factor in project success?

Accepted Answer

A) Upper management that financially backs the project 
B) Executive sponsors who are actively engaged 
C) Carefully monitored changes in work habits and procedures 
D) Communication between technicians and end users 
E) End users who communicate their needs for the project 
A) Upper management that financially backs the project 
B) Executive sponsors who are actively engaged 
C) Carefully monitored changes in work habits and procedures 
D) Communication between technicians and end users 
E) End users who communicate their needs for the project

Question 17

Which of the following is not one of the five main variables affecting project success?

Accepted Answer

A) Risk 
B) Vendors 
C) Time 
D) Quality 
E) Cost 
A) Risk 
B) Vendors 
C) Time 
D) Quality 
E) Cost

Question 18

Transaction and clerical systems that displace labor and save space typically produce more measurable,tangible benefits than management information systems.

Accepted Answer

A) True 
 B)False

Question 19

Which method would you use to develop risk profiles for a firm's information system projects and assets?

Accepted Answer

A) Information systems plan 
B) Scoring model 
C) Portfolio analysis 
D) TCO 
E) Real options model 
A) Information systems plan 
B) Scoring model 
C) Portfolio analysis 
D) TCO 
E) Real options model

Question 20

Project management refers to the application of knowledge,skills,tools and techniques to achieve specific targets within specified budget and time constraints.

Accepted Answer

A) True 
 B)False

Describe the process of portfolio analysis.In what situations is this evaluation method useful?

The cost of a project is based on the time to complete a project multiplied by the cost of human resources required to complete the project.

Which type of planning tool shows each task as a horizontal bar whose length is proportional to the time required to complete it?

The ________ consists of systems analysts,specialists from the relevant end-user business areas,application programmers,and perhaps database specialists.

Which of the following would not be covered in the Management Strategy section of an information systems plan?

Which of the following project management variables defines what work is or is not included in a project?

A benefit of using TCO analysis to evaluate an information technology investment is that it is able to incorporate intangible and "soft" factors such as benefits and complexity costs.

Counterimplementation is best defined as:

The worth of systems from a financial perspective essentially revolves around the issue of:

An information systems plan contains a statement of corporate goals and specifies how information technology will support the attainment of those goals.

You have been hired by a firm in a non-information-intensive industry to evaluate its inventory of systems and IT projects.Which types of projects should the firm focus on?

Formal planning and control tools:

Successful system building requires careful ________ management to minimize organizational resistance.

Scoring models are most commonly used to make the final decision when selecting different systems.

According to the Project Management Institute,what is the leading factor in project success?

Which of the following is not one of the five main variables affecting project success?

Transaction and clerical systems that displace labor and save space typically produce more measurable,tangible benefits than management information systems.

Which method would you use to develop risk profiles for a firm's information system projects and assets?

Project management refers to the application of knowledge,skills,tools and techniques to achieve specific targets within specified budget and time constraints.

Information Systems in Global Business Today

Global E-Business and Collaboration

Information Systems,organizations,and Strategy

Ethical and Social Issues in Information Systems

It Infrastructure and Emerging Technologies

Foundations of Business Intelligence: Databases and Information Management

Telecommunications,the Internet,and Wireless Technology

Securing Information Systems

Achieving Operational Excellence and Customer Intimacy: Enterprise Applications

E-Commerce: Digital Markets,digital Goods

Managing Knowledge

Enhancing Decision Making

Building Information Systems

Managing Global Systems

Filters

Exam 14: Managing Projects

Describe the process of portfolio analysis.In what situations is this evaluation method useful?

The cost of a project is based on the time to complete a project multiplied by the cost of human resources required to complete the project.

Which type of planning tool shows each task as a horizontal bar whose length is proportional to the time required to complete it?

The ________ consists of systems analysts,specialists from the relevant end-user business areas,application programmers,and perhaps database specialists.

Which of the following would not be covered in the Management Strategy section of an information systems plan?

Which of the following project management variables defines what work is or is not included in a project?

A benefit of using TCO analysis to evaluate an information technology investment is that it is able to incorporate intangible and "soft" factors such as benefits and complexity costs.

Counterimplementation is best defined as:

The worth of systems from a financial perspective essentially revolves around the issue of:

An information systems plan contains a statement of corporate goals and specifies how information technology will support the attainment of those goals.

You have been hired by a firm in a non-information-intensive industry to evaluate its inventory of systems and IT projects.Which types of projects should the firm focus on?

Formal planning and control tools:

Successful system building requires careful ________ management to minimize organizational resistance.

Scoring models are most commonly used to make the final decision when selecting different systems.

According to the Project Management Institute,what is the leading factor in project success?

Which of the following is not one of the five main variables affecting project success?

Transaction and clerical systems that displace labor and save space typically produce more measurable,tangible benefits than management information systems.

Which method would you use to develop risk profiles for a firm's information system projects and assets?

Project management refers to the application of knowledge,skills,tools and techniques to achieve specific targets within specified budget and time constraints.

Information Systems in Global Business Today

Global E-Business and Collaboration

Information Systems,organizations,and Strategy

Ethical and Social Issues in Information Systems

It Infrastructure and Emerging Technologies

Foundations of Business Intelligence: Databases and Information Management

Telecommunications,the Internet,and Wireless Technology

Securing Information Systems

Achieving Operational Excellence and Customer Intimacy: Enterprise Applications

E-Commerce: Digital Markets,digital Goods

Managing Knowledge

Enhancing Decision Making

Building Information Systems

Managing Global Systems

Filters