Exam 12: Project Management and Strategic Planning

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Escalation of commitment refers to the tendency of people to increase features in a project in order to accommodate excess resources.

(True/False)
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Which of the following best describes a hindsight bias?

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The ________ process in project management focuses on devising how the project will be executed.

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A kick-off meeting involves ________.

(Multiple Choice)
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Executing processes involve coordinating efforts that ensure the tasks on the work breakdown structure are carried out properly.

(True/False)
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Which of the following is true about work breakdown structure?

(Multiple Choice)
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Business continuity refers to the willingness of an organization to pull the plug on a project in which huge sums and resources need to be invested.

(True/False)
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Which of the following is a difference between projects and processes?

(Multiple Choice)
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________ refers to all the procedures, documentation, and resources an organization puts into place to prepare for a crisis situation and recover technical infrastructure.

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________ refers to maintaining an organization's business operations to avoid a devastating revenue loss and damaged reputation.

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Which of the following is the most critical factor that contributes to failure of projects?

(Multiple Choice)
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The acceptable-use policy covers laws on harassment, fraudulent use, and any attempts to disrupt information systems or circumvent authentication.

(True/False)
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The ________ encompasses services each employee will be provided, whether and how much they can utilize company resources for personal use, the kinds of surveillance that are in place, and reinforce legal requirements, such as prohibitions against unauthorized copying.

(Multiple Choice)
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Project charters are drafted in kickoff meetings.

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Every project is constrained by three fundamental, interrelated forces: time, cost, and scope.

(True/False)
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A key document that authorizes the project is the project charter which shows that the project has the commitment and support of senior management.

(True/False)
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Introduction of new information systems involves change, especially when some processes are drastically revised or eliminated through business process management efforts.

(True/False)
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Which of the following collects data from each project and aggregates it, building a larger picture of the overall health of the organization's project portfolio?

(Multiple Choice)
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Which of the following best describes a project charter?

(Multiple Choice)
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