Exam 5: Initiating and Planning Systems Development Projects

Match each of the following terms with its definition. -A benefit derived from the creation of an information system that can be measured in dollars and with certainty.

The culmination of the feasibility analyses form the business case that justifies the expenditure of resources on the project.

Match each of the following terms with its definition. -A benefit derived from the creation of an information system that cannot be easily measured in dollars or with certainty.

Match each of the following feasibility criteria with its purpose. -To evaluate how key stakeholders within the organization view the proposed system.

Fixed costs are costs that are billed or incurred at a regular interval and usually at a fixed rate.

Disruption to the rest of the organization is an example of a procurement cost.

The project initiation and planning process for an Internet-based electronic commerce application is similar to the process followed for other applications.

Match each of the following feasibility criteria with its purpose. -To identify the financial benefits and costs associated with the development project.

Match each of the following terms with its definition. -A process of assessing the development organization's ability to construct a proposed system.

Management,operation,and planning personnel are examples of start-up costs.

Which of the following is NOT a role at a walkthrough meeting?

The process of assessing the degree to which a proposed system solves business problems or takes advantage of business opportunities refers to:

Match each of the following terms with its definition. -The current value of a future cash flow.

Project initiation focuses on activities that will help organize a team to conduct project planning.

Assume a proposed system has a useful life of 5 years,one-time costs of $50,000,recurring costs of $25,000 per year,and tangible benefits of $35,000 per year.If the cost of capital is 10%,what is the overall NPV? Overall ROI? Break-even point?

To gain an understanding of the likelihood that all potential time frame and completion date schedules can be met and that meeting these dates will be sufficient for dealing with the needs of the organization is the purpose of:

Match each of the following terms with its definition. -A process of identifying the financial benefits and costs associated with a development project.

If the NPV of all benefits is $2,500,000 and the NPV of all costs are $1,000,000 then the ROI is 10%.

The major outcomes and deliverables from project initiation and planning are the Baseline Project Plan and the Project Scope Statement.

Referencing a walkthrough meeting,the __________,reviews the work product in terms of future maintenance activities.