Question 1

In using a portfolio analysis to determine which IT projects to pursue, you would

Accepted Answer

A)  select the most low-risk projects from the inventory. 
B)  limit work to those projects with great rewards. 
C)  select only low-risk, high-reward projects. 
D)  balance high-risk, high reward projects with lower-risk projects. 
A)  select the most low-risk projects from the inventory. 
B)  limit work to those projects with great rewards. 
C)  select only low-risk, high-reward projects. 
D)  balance high-risk, high reward projects with lower-risk projects.

Question 2

In CFS analysis, it is important to

Accepted Answer

A)  interview as many employees from different levels of the company as possible. 
B)  create a broad inquiry into the various types of information used in the company. 
C)  distinguish between organizational and individual CSFs. 
D)  identify operational managers that can accurately portray the day-to-day information needs of the firm. 
A)  interview as many employees from different levels of the company as possible. 
B)  create a broad inquiry into the various types of information used in the company. 
C)  distinguish between organizational and individual CSFs. 
D)  identify operational managers that can accurately portray the day-to-day information needs of the firm.

Question 3

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

Accepted Answer

A) True 
 B)False

Question 4

Internal integration tools

Accepted Answer

A)  enable a project to have sufficient technical support for project management and development. 
B)  enable a project manager to properly document and monitor project plans. 
C)  portray a project as a network diagram with numbered nodes representing project tasks. 
D)  consist of ways to link the work of the implementation team with users at all organization levels. 
A)  enable a project to have sufficient technical support for project management and development. 
B)  enable a project manager to properly document and monitor project plans. 
C)  portray a project as a network diagram with numbered nodes representing project tasks. 
D)  consist of ways to link the work of the implementation team with users at all organization levels.

Question 5

________ 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 6

Users prefer systems that

Accepted Answer

A)  are oriented to facilitating organizational tasks and solving business problems. 
B)  work with existing DBMS. 
C)  are able to provide optimum hardware and software efficiency. 
D)  are capable of storing much more data than they need. 
A)  are oriented to facilitating organizational tasks and solving business problems. 
B)  work with existing DBMS. 
C)  are able to provide optimum hardware and software efficiency. 
D)  are capable of storing much more data than they need.

Question 7

A Gantt chart graphically depicts project tasks and their interrelationships.

Accepted Answer

A) True 
 B)False

Question 8

You have been hired by a pharmaceutical company to evaluate its inventory of systems and IT projects. Which types of projects would be best avoided?

Accepted Answer

A)  any high risk projects 
B)  any low-benefit projects 
C)  all high-risk, low benefit projects 
D)  none, any project might be beneficial 
A)  any high risk projects 
B)  any low-benefit projects 
C)  all high-risk, low benefit projects 
D)  none, any project might be beneficial

Question 9

The principal capital budgeting models for evaluating information technology projects are the payback method, the accounting rate of return on investment (ROI), the net present value, and the

Accepted Answer

A)  future present value. 
B)  internal rate of return. 
C)  external rate of return. 
D)  ROPM. 
A)  future present value. 
B)  internal rate of return. 
C)  external rate of return. 
D)  ROPM.

Question 10

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 11

Which method would you use is used 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)  CSF 
A)  information systems plan 
B)  scoring model 
C)  portfolio analysis 
D)  CSF

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

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

Accepted Answer

Portfolio analysis inventories all of th

Question 14

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. 
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.

Question 15

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 16

The ________ reviews and approves plans for systems in all divisions.

Accepted Answer

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

Question 17

Between 30 and 40 percent of all software projects are "runaway" projects that far exceed original schedule and budget projections.

Accepted Answer

A) True 
 B)False

Question 18

The major variables in project management are

Accepted Answer

A)  scope, time, cost, and performance. 
B)  scope, time, cost, quality, and risk. 
C)  time, cost, quality, performance, and risk. 
D)  time, cost, scope, and performance. 
A)  scope, time, cost, and performance. 
B)  scope, time, cost, quality, and risk. 
C)  time, cost, quality, performance, and risk. 
D)  time, cost, scope, and performance.

Question 19

The goal of sociotechnical design is to create systems with better user interfaces and contribute to fewer health issues.

Accepted Answer

A) True 
 B)False

Question 20

The larger the systems project, the more risk the project runs in terms of being completed on time, within budget, and according to project requirements.

Accepted Answer

A) True 
 B)False

In using a portfolio analysis to determine which IT projects to pursue, you would

In CFS analysis, it is important to

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

Internal integration tools

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

Users prefer systems that

A Gantt chart graphically depicts project tasks and their interrelationships.

You have been hired by a pharmaceutical company to evaluate its inventory of systems and IT projects. Which types of projects would be best avoided?

The principal capital budgeting models for evaluating information technology projects are the payback method, the accounting rate of return on investment (ROI), the net present value, and the

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

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

The central method used in a scoring model is to

The most widely used project management software today is

The ________ reviews and approves plans for systems in all divisions.

Between 30 and 40 percent of all software projects are "runaway" projects that far exceed original schedule and budget projections.

The major variables in project management are

The goal of sociotechnical design is to create systems with better user interfaces and contribute to fewer health issues.

The larger the systems project, the more risk the project runs in terms of being completed on time, within budget, and according to project requirements.

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:

E-Commerce: Digital Markets, Digital Goods

Managing Knowledge

Enhancing Decision Making

Building Information Systems

Managing Global Systems

Filters

Exam 14: Managing Projects

In using a portfolio analysis to determine which IT projects to pursue, you would

In CFS analysis, it is important to

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

Internal integration tools

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

Users prefer systems that

A Gantt chart graphically depicts project tasks and their interrelationships.

You have been hired by a pharmaceutical company to evaluate its inventory of systems and IT projects. Which types of projects would be best avoided?

The principal capital budgeting models for evaluating information technology projects are the payback method, the accounting rate of return on investment (ROI), the net present value, and the

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

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

The central method used in a scoring model is to

The most widely used project management software today is

The ________ reviews and approves plans for systems in all divisions.

Between 30 and 40 percent of all software projects are "runaway" projects that far exceed original schedule and budget projections.

The major variables in project management are

The goal of sociotechnical design is to create systems with better user interfaces and contribute to fewer health issues.

The larger the systems project, the more risk the project runs in terms of being completed on time, within budget, and according to project requirements.

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:

E-Commerce: Digital Markets, Digital Goods

Managing Knowledge

Enhancing Decision Making

Building Information Systems

Managing Global Systems

Filters