Exam 5: Initiating and Planning Systems Development Projects

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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.

(Multiple Choice)
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Assume a proposed system has a useful life of 5 years,one-time costs of $250,000,recurring costs of $80,000 per year,and tangible benefits of $175,000 per year.If the cost of capital is 12%,what is the overall NPV? Overall ROI? Break-even point?

(Essay)
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The __________ is the major outcome and deliverable from the project initiation and planning phase that contains the best estimate of the project's scope,benefits,costs,risks,and resource requirements.

(Short Answer)
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Most techniques for analyzing economic feasibility employ the time value of money concept.

(True/False)
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A __________ is a benefit derived from the creation of an information system that can be measured in dollars and with certainty.

(Short Answer)
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The Project Scope Statement:

(Multiple Choice)
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Match each of the following terms with its definition. -A cost associated with project startup and development or system startup.

(Multiple Choice)
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The construction of an information system can have political ramifications.

(True/False)
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The number of members on the project team,project duration,and the number of organizational departments involved in the project are examples of which of the following risk factors?

(Multiple Choice)
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The ratio of the net cash receipts of the project divided by the cash outlays of the project,enabling tradeoff analysis to be made between competing projects is often referred to as:

(Multiple Choice)
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Match each of the following terms with its definition. -A cost associated with an information system that cannot be easily measured in terms of dollars or with certainty.

(Multiple Choice)
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__________ is the process of evaluating how key stakeholders within the organization view the proposed system.

(Short Answer)
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__________ uses a discount rate determined from the company's cost of capital to establish the present value of the project.

(Short Answer)
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The justification for an information system,presented in terms of the tangible and intangible economic benefits and costs and the technical and organizational feasibility of the proposed system best defines:

(Multiple Choice)
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At a walkthrough meeting,the person who plans the meetings and facilitates a smooth meeting process is referred to as the:

(Multiple Choice)
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