Question 1

Which of the following statements best describes the effect that project structure has on overall project risk?

Accepted Answer

A)  Highly structured projects are more complex, and run a higher risk of programmers and users misunderstanding the ultimate goals. 
B)  Projects with relatively undefined goals are more likely to be subjected to users changing requirements and to run a higher risk of not satisfying project goals. 
C)  Highly structured projects tend to be larger, affecting more organizational units, and run both the risk of out-of-control costs and becoming too difficult to control. 
D)  Less structured projects are more able to be quickly developed, tested, and implemented using cutting-edge RAD and JAD development techniques, and pose less risk of running up unforeseen costs. 
E)  the less structured a project, the greater the freedom of users to define the system 
A)  Highly structured projects are more complex, and run a higher risk of programmers and users misunderstanding the ultimate goals. 
B)  Projects with relatively undefined goals are more likely to be subjected to users changing requirements and to run a higher risk of not satisfying project goals. 
C)  Highly structured projects tend to be larger, affecting more organizational units, and run both the risk of out-of-control costs and becoming too difficult to control. 
D)  Less structured projects are more able to be quickly developed, tested, and implemented using cutting-edge RAD and JAD development techniques, and pose less risk of running up unforeseen costs. 
E)  the less structured a project, the greater the freedom of users to define the system

Question 2

To review a project's tasks and their interrelationships, you would use a

Accepted Answer

A)  PERT chart. 
B)  Gantt chart. 
C)  either A or B. 
D)  neither A nor B. 
A)  PERT chart. 
B)  Gantt chart. 
C)  either A or B. 
D)  neither A nor B.

Question 3

In working with ROPMs (real option pricing models) and options valuation, a call option is a(n)

Accepted Answer

A)  obligation to purchase an asset at a later date at a fixed price. 
B)  obligation to either purchase or sell an asset at a later date at a strike price. 
C)  right to purchase an asset at a later date at a strike price. 
D)  right to purchase or sell an asset at a later date at a fixed price. 
E)  an obligation to sell an asset at a later date at a fixed price. 
A)  obligation to purchase an asset at a later date at a fixed price. 
B)  obligation to either purchase or sell an asset at a later date at a strike price. 
C)  right to purchase an asset at a later date at a strike price. 
D)  right to purchase or sell an asset at a later date at a fixed price. 
E)  an obligation to sell an asset at a later date at a fixed price.

Question 4

User concerns and designer concerns are usually the same at the beginning of the project but may diverge later as the system is built.

Accepted Answer

A) True 
 B)False

Question 5

Mandatory use of a system is one effective way of overcoming user resistance to an information system.

Accepted Answer

A) True 
 B)False

Question 6

A road map indicating the direction of systems development, the rationale, the current systems, new developments to consider, the management strategy, the implementation plan, and the budget is called a(n)

Accepted Answer

A)  project plan. 
B)  portfolio analysis. 
C)  information systems plan. 
D)  enterprise analysis. 
E)  strategic planning document. 
A)  project plan. 
B)  portfolio analysis. 
C)  information systems plan. 
D)  enterprise analysis. 
E)  strategic planning document.

Question 7

The most widely used project management software today is

Accepted Answer

A)  Vertabase. 
B)  IBM Project Guide. 
C)  Microsoft Project. 
D)  Microsoft Excel. 
A)  Vertabase. 
B)  IBM Project Guide. 
C)  Microsoft Project. 
D)  Microsoft Excel.

Question 8

Which of the following project management variables indicates how well the project satisfies management objectives?

Accepted Answer

A)  goals 
B)  risk 
C)  quality 
D)  scope 
E)  cost 
A)  goals 
B)  risk 
C)  quality 
D)  scope 
E)  cost

Question 9

You have been hired as a consultant for a nationwide real estate firm, Cross & Deptford, who are interested in achieving better organization between branches by updating their information systems, but are not sure what will suit their needs. What will you recommend they do in order to determine the most effective IT projects?

Accepted Answer

Cross & Deptford first should have an in

Question 10

Which of the following is not a responsibility of effective change management?

Accepted Answer

A)  integrating legacy systems 
B)  dealing with fear and anxiety about new systems 
C)  training users of the new system 
D)  enforcing user participation at all stages of system development 
E)  ensuring users are properly trained 
A)  integrating legacy systems 
B)  dealing with fear and anxiety about new systems 
C)  training users of the new system 
D)  enforcing user participation at all stages of system development 
E)  ensuring users are properly trained

Question 11

The criteria used for evaluation in a scoring model are usually determined by

Accepted Answer

A)  lengthy discussions among the decision-making group. 
B)  portfolio analysis. 
C)  the IS steering committee. 
D)  systems analysts. 
E)  project managers. 
A)  lengthy discussions among the decision-making group. 
B)  portfolio analysis. 
C)  the IS steering committee. 
D)  systems analysts. 
E)  project managers.

Question 12

You are the senior project manager for a Web development company with upwards of 100 current client projects. You have been assigned to evaluate two upcoming projects. One project is to develop a time- tracking solution that would allow your 20 freelancers to submit daily time sheets and would report on the time spent on each project. The other project is to redesign the client interface to the company extranet to make it easier to use. The extranet allows clients to log in and view their current Web sites under development, as well as view project statistics, documents, and progress reports. Compare the two projects in terms of risk factors.

Accepted Answer

Student answers will vary but should inc

Question 13

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

Accepted Answer

The answer of Successful system building requires careful ________ management...

Question 14

If an intended benefit of an IT project is improved decision making, managers should develop a set of metrics to quantify the value of an improved decision.

Accepted Answer

A) True 
 B)False

Question 15

Which of the following statistics from studies on failed projects is not true?

Accepted Answer

A)  Only 32 percent of all technology investments were completed on time, on budget, and with all features and functions originally specified. 
B)  Large software projects on average run 66 percent over budget and 33 percent over schedule. 
C)  Between 30 and 40 percent of all software projects are "runaway" projects that far exceed the original schedule and budget projections and fail to perform as originally specified. 
D)  Thirty-two percent of technology investments are completed on time, within budget, and with requirements met. 
E)  The average cost overrun of IT projects is 20 percent. 
A)  Only 32 percent of all technology investments were completed on time, on budget, and with all features and functions originally specified. 
B)  Large software projects on average run 66 percent over budget and 33 percent over schedule. 
C)  Between 30 and 40 percent of all software projects are "runaway" projects that far exceed the original schedule and budget projections and fail to perform as originally specified. 
D)  Thirty-two percent of technology investments are completed on time, within budget, and with requirements met. 
E)  The average cost overrun of IT projects is 20 percent.

Question 16

The systems analyst is the catalyst for the entire change process and is responsible for making sure that everyone involved accepts the changes created by a new system.

Accepted Answer

A) True 
 B)False

Question 17

Which method is used to assign weights to various features of a system?

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 18

The larger the systems project, the greater the chance that the project will be completed on time, within budget, and according to project requirements.

Accepted Answer

A) True 
 B)False

Question 19

One example of an implementation problem is

Accepted Answer

A)  poor user interface. 
B)  inadequate user training. 
C)  project running over budget. 
D)  changes in job activities and responsibilities. 
E)  reduction in labor force. 
A)  poor user interface. 
B)  inadequate user training. 
C)  project running over budget. 
D)  changes in job activities and responsibilities. 
E)  reduction in labor force.

Question 20

The central method used in a portfolio analysis 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)  score proposed systems on a number of dimensions, and select the one with the highest score. 
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)  score proposed systems on a number of dimensions, and select the one with the highest score.

Which of the following statements best describes the effect that project structure has on overall project risk?

To review a project's tasks and their interrelationships, you would use a

In working with ROPMs (real option pricing models) and options valuation, a call option is a(n)

User concerns and designer concerns are usually the same at the beginning of the project but may diverge later as the system is built.

Mandatory use of a system is one effective way of overcoming user resistance to an information system.

A road map indicating the direction of systems development, the rationale, the current systems, new developments to consider, the management strategy, the implementation plan, and the budget is called a(n)

The most widely used project management software today is

Which of the following project management variables indicates how well the project satisfies management objectives?

Which of the following is not a responsibility of effective change management?

The criteria used for evaluation in a scoring model are usually determined by

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

If an intended benefit of an IT project is improved decision making, managers should develop a set of metrics to quantify the value of an improved decision.

Which of the following statistics from studies on failed projects is not true?

The systems analyst is the catalyst for the entire change process and is responsible for making sure that everyone involved accepts the changes created by a new system.

Which method is used to assign weights to various features of a system?

The larger the systems project, the greater the chance that the project will be completed on time, within budget, and according to project requirements.

One example of an implementation problem is

The central method used in a portfolio analysis is to

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

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Exam 14: Managing Projects

Which of the following statements best describes the effect that project structure has on overall project risk?

To review a project's tasks and their interrelationships, you would use a

In working with ROPMs (real option pricing models) and options valuation, a call option is a(n)

User concerns and designer concerns are usually the same at the beginning of the project but may diverge later as the system is built.

Mandatory use of a system is one effective way of overcoming user resistance to an information system.

A road map indicating the direction of systems development, the rationale, the current systems, new developments to consider, the management strategy, the implementation plan, and the budget is called a(n)

The most widely used project management software today is

Which of the following project management variables indicates how well the project satisfies management objectives?

Which of the following is not a responsibility of effective change management?

The criteria used for evaluation in a scoring model are usually determined by

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

If an intended benefit of an IT project is improved decision making, managers should develop a set of metrics to quantify the value of an improved decision.

Which of the following statistics from studies on failed projects is not true?

The systems analyst is the catalyst for the entire change process and is responsible for making sure that everyone involved accepts the changes created by a new system.

Which method is used to assign weights to various features of a system?

The larger the systems project, the greater the chance that the project will be completed on time, within budget, and according to project requirements.

One example of an implementation problem is

The central method used in a portfolio analysis is to

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