Question 1

Describe how a project's MOV can support an organization's goals and strategies.

Accepted Answer

As shown by the IT Value Chain, an organ

Question 2

What is economic feasibility?

Accepted Answer

Although a cost/benefit analysis will be

Question 3

Determining whether the proposed solution will work within the software architecture is a measure of _____.

Accepted Answer

A)  organizational feasibility 
B)  technical feasibility 
C)  economic feasibility 
D)  legal feasibility 
E)  ethical feasibility 
A)  organizational feasibility 
B)  technical feasibility 
C)  economic feasibility 
D)  legal feasibility 
E)  ethical feasibility

Question 4

Which of the following is the best MOV statement?

Accepted Answer

A)  Our project should make Dayton customers flock to the stores in droves to buy our products. 
B)  Our project should be completed in no more than 180 days and should cost no more than $150,000 and be completed 100% in-house. 
C)  Our project should increase sales in the Dayton market by 15% next year to complete our company's Ohio expansion strategy. 
D)  Our project should utilize the Spiral Development approach to eliminate 95% of the major risks to our Dayton sales program. 
E)  Our project should produce an advertising campaign in Dayton that wins the Ohio Advertising Guild's Award for most creative campaign. 
A)  Our project should make Dayton customers flock to the stores in droves to buy our products. 
B)  Our project should be completed in no more than 180 days and should cost no more than $150,000 and be completed 100% in-house. 
C)  Our project should increase sales in the Dayton market by 15% next year to complete our company's Ohio expansion strategy. 
D)  Our project should utilize the Spiral Development approach to eliminate 95% of the major risks to our Dayton sales program. 
E)  Our project should produce an advertising campaign in Dayton that wins the Ohio Advertising Guild's Award for most creative campaign.

Question 5

What is Total Cost of Ownership?

Accepted Answer

(TCO) is a concept that has gained wides

Question 6

The total benefits of ownership (TBO) should address the benefits of an alternative over the course of its useful life.

Accepted Answer

A) True 
 B)False

Question 7

The text discusses numerous aspects of feasibility; name and define three of them.

Accepted Answer

1. Economic feasibility: This aspect ref

Question 8

Calculate the Net Present Value for a project with the following cash flows: Year 0: ($5,000) Year 1: $10,000 Year 2: $10,000 Year3: ($2,000).The discount rate is 5%.

Accepted Answer

A)  $19,209.75 
B)  $14,209.75 
C)  $18,840.25 
D)  $23,840.25 
E)  $12,350.00 
A)  $19,209.75 
B)  $14,209.75 
C)  $18,840.25 
D)  $23,840.25 
E)  $12,350.00

Question 9

What is organizational feasibility?

Accepted Answer

Organizational feasibility con

Question 10

The overall goal and measure of project success is:

Accepted Answer

A)  the project's MOV. 
B)  the project's NPV. 
C)  the project's technical competency. 
D)  the project's adherence to budget and schedule. 
E)  the project's end-user acceptance. 
A)  the project's MOV. 
B)  the project's NPV. 
C)  the project's technical competency. 
D)  the project's adherence to budget and schedule. 
E)  the project's end-user acceptance.

Question 11

A company utilizes the payback method exclusively to select projects.Which of the following mutually exclusive (they can only do one of them) projects will they choose? (Assume cash flows occur in equal monthly installments)

Accepted Answer

A)  Initial Investment: $10,000 Net Cash Flows: year 1:$0 year 2:$120,000 year 3:$60,000 each year thereafter:$60,000 
B)  Initial Investment:$100,000 Net Cash Flows: year 1:$50,000 year 2:$50,000 year 3:$100,000 each year thereafter:$1,000,000 
C)  Initial Investment:$10,000 Net Cash Flows: year 1:0 year 2:$100,000 year 3:$100,000 each year thereafter:$100,000 
D)  Initial Investment:$100,000 Net Cash Flows: year 1:$1,000,000 year 2:$2,000,000 year 3:$2,000,000 each year thereafter:0 
E)  Initial Investment:$10,000 Net Cash Flows: year 1:$8,000 year 2:$12,000 year 3:$120,000 each year thereafter:$120,000 
A)  Initial Investment: $10,000 Net Cash Flows: year 1:$0 year 2:$120,000 year 3:$60,000 each year thereafter:$60,000 
B)  Initial Investment:$100,000 Net Cash Flows: year 1:$50,000 year 2:$50,000 year 3:$100,000 each year thereafter:$1,000,000 
C)  Initial Investment:$10,000 Net Cash Flows: year 1:0 year 2:$100,000 year 3:$100,000 each year thereafter:$100,000 
D)  Initial Investment:$100,000 Net Cash Flows: year 1:$1,000,000 year 2:$2,000,000 year 3:$2,000,000 each year thereafter:0 
E)  Initial Investment:$10,000 Net Cash Flows: year 1:$8,000 year 2:$12,000 year 3:$120,000 each year thereafter:$120,000

Question 12

What is Total Benefits of Ownership?

Accepted Answer

(TBO) must include all of the direct, on

Question 13

A project that increased market share would impact the _____area of an organization.

Accepted Answer

A)  strategic 
B)  customer 
C)  financial 
D)  operational 
E)  social 
A)  strategic 
B)  customer 
C)  financial 
D)  operational 
E)  social

Question 14

The net present value method of project valuation takes into account all relevant cash flows as well as the company's required rate of return.

Accepted Answer

A) True 
 B)False

Question 15

What is a business case?

Accepted Answer

A business case provides the first deliv

Question 16

All of the following are steps in developing the project MOV except:

Accepted Answer

A)  Identify the available organizational resources. 
B)  Identify the desired value of the IT project. 
C)  Develop an appropriate metric. 
D)  Set a time frame for achieving MOV. 
E)  Verify and get agreement from project stakeholders. 
A)  Identify the available organizational resources. 
B)  Identify the desired value of the IT project. 
C)  Develop an appropriate metric. 
D)  Set a time frame for achieving MOV. 
E)  Verify and get agreement from project stakeholders.

Question 17

Scoring models are useful because they allow for the inclusion of qualitative factors.

Accepted Answer

A) True 
 B)False

Question 18

Describe the Balanced Scorecard Approach and list at least three significant reasons why it can fail as an analysis tool.

Accepted Answer

The Balanced Scorecard Approach is a str

Question 19

A project that improved operational effectiveness would impact the _____area of an organization.

Accepted Answer

A)  strategic 
B)  customer 
C)  financial 
D)  operational 
E)  social 
A)  strategic 
B)  customer 
C)  financial 
D)  operational 
E)  social

Question 20

The MOV should explicitly state the technology that will support the IT project.

Accepted Answer

A) True 
 B)False

Describe how a project's MOV can support an organization's goals and strategies.

What is economic feasibility?

Determining whether the proposed solution will work within the software architecture is a measure of _____.

Which of the following is the best MOV statement?

What is Total Cost of Ownership?

The total benefits of ownership (TBO) should address the benefits of an alternative over the course of its useful life.

The text discusses numerous aspects of feasibility; name and define three of them.

Calculate the Net Present Value for a project with the following cash flows: Year 0: ($5,000) Year 1: $10,000 Year 2: $10,000 Year3: ($2,000).The discount rate is 5%.

What is organizational feasibility?

The overall goal and measure of project success is:

A company utilizes the payback method exclusively to select projects.Which of the following mutually exclusive (they can only do one of them) projects will they choose? (Assume cash flows occur in equal monthly installments)

What is Total Benefits of Ownership?

A project that increased market share would impact the _____area of an organization.

The net present value method of project valuation takes into account all relevant cash flows as well as the company's required rate of return.

What is a business case?

All of the following are steps in developing the project MOV except:

Scoring models are useful because they allow for the inclusion of qualitative factors.

Describe the Balanced Scorecard Approach and list at least three significant reasons why it can fail as an analysis tool.

A project that improved operational effectiveness would impact the _____area of an organization.

The MOV should explicitly state the technology that will support the IT project.

The Nature of Information Technology Projects

Project Methodologies and Processes

Project Planning: the Project Infrastructure

Project Planning: Scope and the Work Breakdown Structure

The Work Breakdown Structure and Project Estimation

Managing Project Risk

Managing Project Stakeholders and Communication

Managing Project Quality

Leading the Project Team

Managing Organizational Change, Resistance, and Conflict

Project Completion

Filters

Exam 3: Measurable Organizational Value and the Business Case

Describe how a project's MOV can support an organization's goals and strategies.

What is economic feasibility?

Determining whether the proposed solution will work within the software architecture is a measure of _____.

Which of the following is the best MOV statement?

What is Total Cost of Ownership?

The total benefits of ownership (TBO) should address the benefits of an alternative over the course of its useful life.

The text discusses numerous aspects of feasibility; name and define three of them.

Calculate the Net Present Value for a project with the following cash flows: Year 0: ($5,000) Year 1: $10,000 Year 2: $10,000 Year3: ($2,000).The discount rate is 5%.

What is organizational feasibility?

The overall goal and measure of project success is:

A company utilizes the payback method exclusively to select projects.Which of the following mutually exclusive (they can only do one of them) projects will they choose? (Assume cash flows occur in equal monthly installments)

What is Total Benefits of Ownership?

A project that increased market share would impact the _____area of an organization.

The net present value method of project valuation takes into account all relevant cash flows as well as the company's required rate of return.

What is a business case?

All of the following are steps in developing the project MOV except:

Scoring models are useful because they allow for the inclusion of qualitative factors.

Describe the Balanced Scorecard Approach and list at least three significant reasons why it can fail as an analysis tool.

A project that improved operational effectiveness would impact the _____area of an organization.

The MOV should explicitly state the technology that will support the IT project.

The Nature of Information Technology Projects

Project Methodologies and Processes

Project Planning: the Project Infrastructure

Project Planning: Scope and the Work Breakdown Structure

The Work Breakdown Structure and Project Estimation

Managing Project Risk

Managing Project Stakeholders and Communication

Managing Project Quality

Leading the Project Team

Managing Organizational Change, Resistance, and Conflict

Project Completion

Filters