Exam 2: Project Management

Natalie has been asked by her project manager to list the possible intangible benefits for a new system. Her list will include reduced expenses for the company.

The four elements commonly found on a system request are _____.

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?

To complete a 20 person-month project in 10 months, a team should have 4 full-time staff members assigned to the project.

User participation should be promoted throughout the development process to make sure that the final system will be accepted and used.

Typically, a project will have one project manager, who oversees the overall progress of the development effort.

The person who identifies the business value that can be gained from using information technology is called the _____.

Familiarity with the application and technology are major factors considered under economic feasibility.

Lauren, a systems analyst, has excellent interpersonal skills. To take advantage of her skills, the functional lead of the project should assign her to program in Java and C++.

The calculation that measures the amount of money an organization receives in return for the money it spends is called the _____.

Operational costs that are examined during feasibility analysis include _____.

Timeboxing is a time-oriented approach to project development.

A limitation of a formal cost-benefits analysis is that it contains the costs and benefits for just one year.

A feasibility analysis includes whether the project has been permitted by the CIO of the company.

Economic feasibility is determined by identifying costs and benefits associated with the system, assigning values to them, and then calculating the cash flow and return on investment for the project.

The evolutionary Work Breakdown Structure makes it easy to compare the current project with past project