Exam 5: Initiating and Planning Systems Development Projects

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Match each of the following terms with its definition. -The rate of return used to compute the present value of future cash flows.

(Multiple Choice)
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The Project Scope Statement can be used as the basis of a formal contractual agreement outlining firm deadlines,costs,and specifications.

(True/False)
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Match each of the following terms with its definition. -A document prepared for the customer during project initiation and planning that describes what the project will deliver and outlines generally at a high level all work required to complete the project.

(Multiple Choice)
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At walkthrough meetings,there is a need to have individuals play specific roles such as:

(Multiple Choice)
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__________ are costs associated with project start-up and development,or system start-up.

(Short Answer)
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Match each of the following feasibility criteria with its purpose. -To provide an understanding of any potential legal ramifications due to the construction of the system.

(Multiple Choice)
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For each of the following walkthrough roles,match it with its description. -This person plans the meeting and facilitates a smooth meeting process.

(Multiple Choice)
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Project planning focuses on defining clear,discrete activities and the work needed to complete each task.

(True/False)
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The Statement of Work is a document prepared for the customer during project initiation and planning that describes what the project will deliver and outlines generally at a high level all work required to complete the project.

(True/False)
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Match each of the following feasibility criteria with its purpose. -To gain an understanding of the organization's ability to construct the proposed system.

(Multiple Choice)
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Match each of the following terms with its definition. -A cost associated with an information system that can be measured in dollars and with certainty.

(Multiple Choice)
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Application software maintenance,new software and hardware leases,and incremental communications are examples of:

(Multiple Choice)
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Briefly identify three commonly used economic cost-benefit analysis techniques.

(Essay)
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Because many projects may be competing for the same investment dollars and may have different useful life expectancies,all costs and benefits must be viewed in relation to their present rather than future value when comparing investment options.

(True/False)
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The analysis technique that finds the amount of time required for the cumulative cash flow from a project to equal its initial and ongoing investment is referred to as:

(Multiple Choice)
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A cost resulting from the ongoing evolution and use of a system refers to a(n):

(Multiple Choice)
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Match each of the following terms with its definition. -The process of assessing the degree to which a proposed system solves business problems or takes advantage of business opportunities.

(Multiple Choice)
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The current value of a future cash flow is referred to as its:

(Multiple Choice)
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The following are elements of project planning:

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__________ is the ratio of the net cash receipts of the project divided by the cash outlays of the project.

(Short Answer)
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