Question 1

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

Question 2

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. D

Question 3

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

Accepted Answer

A)  Between 30 and 40 percent of software projects fail in terms of budget, schedule, and quality. 
B)  Thirty-two percent of technology investments are completed on time, within budget, and with requirements met. 
C)  The average cost overrun of IT projects is 60 percent. 
D)  One in six IT projects have an average cost overrun of 200 percent. 
A)  Between 30 and 40 percent of software projects fail in terms of budget, schedule, and quality. 
B)  Thirty-two percent of technology investments are completed on time, within budget, and with requirements met. 
C)  The average cost overrun of IT projects is 60 percent. 
D)  One in six IT projects have an average cost overrun of 200 percent. C

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

More timely information is a tangible benefit of information systems.

Accepted Answer

A) True 
 B)False

Question 6

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 7

Which of the following is not one of the activities of the systems analyst?

Accepted Answer

A)  acting as a change agent 
B)  communication with users 
C)  mediating between competing interest groups 
D)  formulation of capital budgeting models 
A)  acting as a change agent 
B)  communication with users 
C)  mediating between competing interest groups 
D)  formulation of capital budgeting models

Question 8

You have been hired to implement an enterprise system that will automate much of the billing and accounting work for a statewide HVAC services company.Which of the following would you prepare to describe how the new system will affect a firm's structure and operations?

Accepted Answer

A)  information systems plan 
B)  internal integration report 
C)  sociotechnical design report 
D)  organizational impact analysis 
A)  information systems plan 
B)  internal integration report 
C)  sociotechnical design report 
D)  organizational impact analysis

Question 9

_________________________ defines what work is or is not included in a project.

Accepted Answer

A)  scope 
B)  scope management 
C)  scope analysis 
D)  scope map 
A)  scope 
B)  scope management 
C)  scope analysis 
D)  scope map

Question 10

Intangible benefits cannot be immediately quantified but may lead to quantifiable gains in the long run.

Accepted Answer

A) True 
 B)False

Question 11

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

Accepted Answer

A)  risk 
B)  goals 
C)  time 
D)  quality 
A)  risk 
B)  goals 
C)  time 
D)  quality

Question 12

A scoring model rely on measures of cash flows into and out of the firm; capital projects generate those cash flows.

Accepted Answer

A) True 
 B)False

Question 13

There are far more resources for systems projects than there are ideas.

Accepted Answer

A) True 
 B)False

Question 14

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

Accepted Answer

The answer of ________ refers to the application of knowledge,skills,tools...

Question 15

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 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

________________________ use the concept of options valuation borrowed from the financial industry.

Accepted Answer

Real optio

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 p

Question 19

A(n)________ is a method for deciding among alternative systems based on a system of ratings for selected objectives.

Accepted Answer

The answer of A(n)________ is a method for deciding among...

Question 20

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

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

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

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

Internal integration tools

More timely information is a tangible benefit of information systems.

Which of the following is not one of the activities of the systems analyst?

You have been hired to implement an enterprise system that will automate much of the billing and accounting work for a statewide HVAC services company.Which of the following would you prepare to describe how the new system will affect a firm's structure and operations?

_________________________ defines what work is or is not included in a project.

Intangible benefits cannot be immediately quantified but may lead to quantifiable gains in the long run.

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

A scoring model rely on measures of cash flows into and out of the firm; capital projects generate those cash flows.

There are far more resources for systems projects than there are ideas.

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

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

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.

________________________ use the concept of options valuation borrowed from the financial industry.

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

A(n)________ is a method for deciding among alternative systems based on a system of ratings for selected objectives.

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?

Information Systems in Business Today

How Businesses Use Information Systems

Information Systems organizations and Strategy

Social ethical and Legal Issues in the Digital Firm

It Infrastructure and Emerging Technologies

Databases and Information Management

Telecommunications the Internet and Wireless Technology

Securing Information Systems

Enterprise Applications to Manage Supply Chains and Respond to Customers

E-Commerce: Digital Markets and Digital Goods

Managing Knowledge

Enhancing Decision Making

Developing Information Systems

Managing Global Systems

Filters

Exam 14: Project Management business Value and Managing Change

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

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

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

Internal integration tools

More timely information is a tangible benefit of information systems.

Which of the following is not one of the activities of the systems analyst?

You have been hired to implement an enterprise system that will automate much of the billing and accounting work for a statewide HVAC services company.Which of the following would you prepare to describe how the new system will affect a firm's structure and operations?

_________________________ defines what work is or is not included in a project.

Intangible benefits cannot be immediately quantified but may lead to quantifiable gains in the long run.

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

A scoring model rely on measures of cash flows into and out of the firm; capital projects generate those cash flows.

There are far more resources for systems projects than there are ideas.

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

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

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.

________________________ use the concept of options valuation borrowed from the financial industry.

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

A(n)________ is a method for deciding among alternative systems based on a system of ratings for selected objectives.

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?

Information Systems in Business Today

How Businesses Use Information Systems

Information Systems organizations and Strategy

Social ethical and Legal Issues in the Digital Firm

It Infrastructure and Emerging Technologies

Databases and Information Management

Telecommunications the Internet and Wireless Technology

Securing Information Systems

Enterprise Applications to Manage Supply Chains and Respond to Customers

E-Commerce: Digital Markets and Digital Goods

Managing Knowledge

Enhancing Decision Making

Developing Information Systems

Managing Global Systems

Filters