Exam 2: Project Management

Lauren, a systems analyst, is concerned that she and the end-users at her company do not have experience with a new scanner technology that will soon be implemented. This identified risk falls under economic feasibility.

The science (or art) of project management is in making trade-offs among three important concepts: the functionality of the system, the time to complete the project, and the reliability of the project.

The most common reason for schedule and cost overruns that surface after the project is underway is scope creep.

Which of the following factors could be included in a technical risk assessment?

Christine does not have the skills that her project manager feels are necessary and no money has been budgeted for outside consultants. Mentoring is a good option to improve Christine's skills in this situation.

A(n) ____________ is a measure of program size based on the number and complexity of inputs, outputs, queries, files, and program interfaces.

Project initiation begins when the project sponsor identifies business value that can be gained by using information technology.

ROI calculations do not consider the present value of future money.

A high return on investment (ROI) results when benefits far outweigh the cost of a new project or information system.

The first step of timeboxing is set the date for system analysis.

Adding staff to a project to shorten the project's length is usually a wise move, because adding staff normally translates into increased productivity.

The feasibility analysis helps the approval committee determine whether or not to proceed with a project.

Describe three classic planning mistakes. What would be a solution for each?

Assigning values to costs and benefits involves making some difficult predictions of the future. How can the project team improve the accuracy of these estimates?

Use-case point-based estimation also has a set of factors that are used to adjust the use-case point value.

Technical feasibility focuses on whether the system can be built by examining the risks associated with the application.

Identify the seven steps involved in conducting the economic feasibility.