Exam 14: Managing Projects

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The level of a project's risk is influenced primarily by

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A

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

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Real Options Pricing Models (ROPMs) value systems projects similar to ________.

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options, stock options

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

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As discussed in the chapter, which of the following is not one of the immediate consequences of inadequate software project management?

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

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Americlinic, a national chain of budget health-care clinics, is creating an information system that will allow patients and doctors at participating franchises to communicate online. The goal of the system is to allow doctors to respond to minor health questions quickly and more efficiently, saving patients unnecessary visits to the clinic. This will be a major procedural change. What steps would you recommend to this company to ensure the user acceptance of the system?

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

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

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

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

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Describe the elements of a management structure for information systems projects in a large corporation.

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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?

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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)

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Which of the following types of projects is most likely to fail?

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Scoring models are used most commonly to support decisions rather than as the final arbiters of system selection.

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The information systems steering committee is composed of information systems managers and end-user managers responsible for overseeing several specific information systems projects.

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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.

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Formal planning and control tools

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All of the following are intangible benefits of information systems except

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