Question 1

One of the five major variables in project management, ________ is an indicator of how well the project satisfies management objectives.

Accepted Answer

quality

Question 2

The project risk will rise if the project team and the IS staff lack

Accepted Answer

A)  legacy applications as a starting point. 
B)  good equipment. 
C)  the required technical expertise. 
D)  financial studies and plans. 
E)  a committed management group of executive leaders. 
A)  legacy applications as a starting point. 
B)  good equipment. 
C)  the required technical expertise. 
D)  financial studies and plans. 
E)  a committed management group of executive leaders. C

Question 3

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 C

Question 4

Real options pricing models use the concept of options valuation borrowed from the financial industry.

Accepted Answer

A) True 
 B)False

Question 5

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 and B 
D)  neither A nor B 
A)  PERT chart 
B)  Gantt chart 
C)  both A and B 
D)  neither A nor B

Question 6

Which of the following is a limitation of using a financial approach to evaluate information systems?

Accepted Answer

A)  inability to measure ROI 
B)  inability to control vendor costs 
C)  inability to assess risk 
D)  inability to assess costs from organizational disruption 
E)  inability to assess the cost of technology 
A)  inability to measure ROI 
B)  inability to control vendor costs 
C)  inability to assess risk 
D)  inability to assess costs from organizational disruption 
E)  inability to assess the cost of technology

Question 7

A planned series of related activities for achieving a specific business goal is called a(n) ________.

Accepted Answer

The answer of A planned series of related activities for...

Question 8

The central method used in a scoring model is to

Accepted Answer

A)  inventory all of the organization's information systems projects and assets. 
B)  perform a weighted comparison of the criteria used to evaluate a system. 
C)  survey a large sample of managers on their objectives, decision-making process, and uses and needs for data and information. 
D)  interview a small number of top managers to identify their goals and criteria for achieving success. 
E)  calculate the return on investment for each system, and choose the system with the best return. 
A)  inventory all of the organization's information systems projects and assets. 
B)  perform a weighted comparison of the criteria used to evaluate a system. 
C)  survey a large sample of managers on their objectives, decision-making process, and uses and needs for data and information. 
D)  interview a small number of top managers to identify their goals and criteria for achieving success. 
E)  calculate the return on investment for each system, and choose the system with the best return.

Question 9

List five types of information that should be included in an information systems plan.

Accepted Answer

General categories of information includ

Question 10

According to your reading of the chapter, change management is a process that

Accepted Answer

A)  should be addressed before a project is developed. 
B)  begins when a project is implemented. 
C)  is used primarily to mandate user acceptance. 
D)  must be addressed in all systems development. 
E)  is introduced after the system is developed. 
A)  should be addressed before a project is developed. 
B)  begins when a project is implemented. 
C)  is used primarily to mandate user acceptance. 
D)  must be addressed in all systems development. 
E)  is introduced after the system is developed.

Question 11

Which of the following is not a tangible benefit of information systems?

Accepted Answer

A)  reduced rate of growth in expenses 
B)  lower computer expenses 
C)  improved resource control 
D)  increased productivity 
E)  end user satisfaction 
A)  reduced rate of growth in expenses 
B)  lower computer expenses 
C)  improved resource control 
D)  increased productivity 
E)  end user satisfaction

Question 12

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

Accepted Answer

A) True 
 B)False

Question 13

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 14

________ methods rely on measures of cash flows into and out of the firm.

Accepted Answer

The answer of ________ methods rely on measures of cash...

Question 15

Differentiate between intangible and tangible benefits and list three examples of each. In what types of systems are intangible benefits more predominant?

Accepted Answer

Tangible benefits can be quantified and

Question 16

A Gantt chart graphically depicts project tasks and their interrelationships.

Accepted Answer

A) True 
 B)False

Question 17

A user-designer ________ occurs when there is a difference in background, interests and priorities that impedes discussion and problem solving among users and IS specialists.

Accepted Answer

The answer of A user-designer ________ occurs when there is...

Question 18

In one strategic approach to determining information requirements, managers select a small number of ________ that reflect firm success and profitability.

Accepted Answer

KPIs, key

Question 19

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 20

To best evaluate, from a financial standpoint, an IT investment whose benefits cannot be firmly established in advance, you would use

Accepted Answer

A)  capital budgeting. 
B)  the real option pricing model. 
C)  a scoring model. 
D)  the net present value. 
E)  a portfolio analysis. 
A)  capital budgeting. 
B)  the real option pricing model. 
C)  a scoring model. 
D)  the net present value. 
E)  a portfolio analysis.

One of the five major variables in project management, ________ is an indicator of how well the project satisfies management objectives.

The project risk will rise if the project team and the IS staff lack

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

Real options pricing models use the concept of options valuation borrowed from the financial industry.

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

Which of the following is a limitation of using a financial approach to evaluate information systems?

A planned series of related activities for achieving a specific business goal is called a(n) ________.

The central method used in a scoring model is to

List five types of information that should be included in an information systems plan.

According to your reading of the chapter, change management is a process that

Which of the following is not a tangible benefit of information systems?

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

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

________ methods rely on measures of cash flows into and out of the firm.

Differentiate between intangible and tangible benefits and list three examples of each. In what types of systems are intangible benefits more predominant?

A Gantt chart graphically depicts project tasks and their interrelationships.

A user-designer ________ occurs when there is a difference in background, interests and priorities that impedes discussion and problem solving among users and IS specialists.

In one strategic approach to determining information requirements, managers select a small number of ________ that reflect firm success and profitability.

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

To best evaluate, from a financial standpoint, an IT investment whose benefits cannot be firmly established in advance, you would use

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

One of the five major variables in project management, ________ is an indicator of how well the project satisfies management objectives.

The project risk will rise if the project team and the IS staff lack

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

Real options pricing models use the concept of options valuation borrowed from the financial industry.

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

Which of the following is a limitation of using a financial approach to evaluate information systems?

A planned series of related activities for achieving a specific business goal is called a(n) ________.

The central method used in a scoring model is to

List five types of information that should be included in an information systems plan.

According to your reading of the chapter, change management is a process that

Which of the following is not a tangible benefit of information systems?

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

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

________ methods rely on measures of cash flows into and out of the firm.

Differentiate between intangible and tangible benefits and list three examples of each. In what types of systems are intangible benefits more predominant?

A Gantt chart graphically depicts project tasks and their interrelationships.

A user-designer ________ occurs when there is a difference in background, interests and priorities that impedes discussion and problem solving among users and IS specialists.

In one strategic approach to determining information requirements, managers select a small number of ________ that reflect firm success and profitability.

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

To best evaluate, from a financial standpoint, an IT investment whose benefits cannot be firmly established in advance, you would use

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