Question 1

A ________ is a benefit derived from the creation of an information system that can be measured in dollars and with certainty.

Accepted Answer

tangible benefit

Question 2

Generally speaking,legal and contractual feasibility is a greater consideration if your organization has historically used an outside organization for specific systems or services that you now are considering handling yourself.

Accepted Answer

A) True 
 B)False  True

Question 3

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:

Accepted Answer

A) return on investment (ROI) 
B) break-even analysis (BE
A)  
C) net present value (NPV) 
D) future value (FV) 
A) return on investment (ROI) 
B) break-even analysis (BE
A)  
C) net present value (NPV) 
D) future value (FV) B

Question 4

A peer group review of any product created during the system development process refers to:

Accepted Answer

A) walkthrough 
B) feasibility assessment 
C) joint application discussion 
D) product evaluation 
A) walkthrough 
B) feasibility assessment 
C) joint application discussion 
D) product evaluation

Question 5

During project initiation and planning,you should precisely define all benefits and costs related to a particular project.

Accepted Answer

A) True 
 B)False

Question 6

The current value of a future cash flow is referred to as its:

Accepted Answer

A) future value 
B) present value 
C) investment value 
D) discount rate 
A) future value 
B) present value 
C) investment value 
D) discount rate

Question 7

Infrastructure replacement/improvements,system maintenance costs,and user training and support are examples of:

Accepted Answer

A) project-related costs 
B) operating costs 
C) start-up costs 
D) procurement costs 
A) project-related costs 
B) operating costs 
C) start-up costs 
D) procurement costs

Question 8

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 is the:

Accepted Answer

A) Information Systems Plan 
B) Project Scope Statement 
C) Mission Statement 
D) Baseline Project Plan 
A) Information Systems Plan 
B) Project Scope Statement 
C) Mission Statement 
D) Baseline Project Plan

Question 9

The time value of money compares present cash outlays to future expected returns.

Accepted Answer

A) True 
 B)False

Question 10

As a rule of thumb estimate,what percentage of the entire development effort should be devoted to the project initiation and planning process?

Accepted Answer

A) between 10 and 20 percent 
B) less than 5 percent 
C) less than 10 percent 
D) between 20 and 30 percent 
A) between 10 and 20 percent 
B) less than 5 percent 
C) less than 10 percent 
D) between 20 and 30 percent

Question 11

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%.

Accepted Answer

A) True 
 B)False

Question 12

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:

Accepted Answer

A) return on investment (ROI) 
B) break-even analysis (BE
A)  
C) net present value (NPV) 
D) future value (FV) 
A) return on investment (ROI) 
B) break-even analysis (BE
A)  
C) net present value (NPV) 
D) future value (FV)

Question 13

The Baseline Project Plan:

Accepted Answer

A) contains all information collected and analyzed during project initiation and planning 
B) specifies detailed project activities for the next life cycle phase,analysis,and less detail for subsequent project phases 
C) is used by the project selection committee to help decide if the project should be accepted,redirected,or canceled 
D) all of the above 
A) contains all information collected and analyzed during project initiation and planning 
B) specifies detailed project activities for the next life cycle phase,analysis,and less detail for subsequent project phases 
C) is used by the project selection committee to help decide if the project should be accepted,redirected,or canceled 
D) all of the above

Question 14

Which of the following would be classified as a tangible cost?

Accepted Answer

A) loss of customer goodwill 
B) cost of hardware 
C) employee morale 
D) operational inefficiency 
A) loss of customer goodwill 
B) cost of hardware 
C) employee morale 
D) operational inefficiency

Question 15

Referencing a walkthrough,the user makes sure that the work product meets the needs of the project's customers.

Accepted Answer

A) True 
 B)False

Question 16

Which of the following is NOT a major section of the Baseline Project Plan?

Accepted Answer

A) design issues 
B) introduction 
C) system description 
D) feasibility assessment 
A) design issues 
B) introduction 
C) system description 
D) feasibility assessment

Question 17

Economic feasibility is the process of identifying the financial benefits and costs associated with a development project.

Accepted Answer

A) True 
 B)False

Question 18

The ________ is the rate of return used to compute the present value of future cash flows.

Accepted Answer

The answer of The ________ is the rate of return...

Question 19

The Project Scope Statement:

Accepted Answer

A) is a short document prepared for the customer that describes what the project will deliver and outlines all work required to complete the project 
B) is useful for ensuring that both you and your customer gain a common understanding of the project 
C) is a very easy document to create because it typically consists of a high-level summary of the BPP information 
D) all of the above 
A) is a short document prepared for the customer that describes what the project will deliver and outlines all work required to complete the project 
B) is useful for ensuring that both you and your customer gain a common understanding of the project 
C) is a very easy document to create because it typically consists of a high-level summary of the BPP information 
D) all of the above

Question 20

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

Accepted Answer

A) presenter 
B) coordinator 
C) standards bearer 
D) maintenance oracle 
A) presenter 
B) coordinator 
C) standards bearer 
D) maintenance oracle

A ________ is a benefit derived from the creation of an information system that can be measured in dollars and with certainty.

Generally speaking,legal and contractual feasibility is a greater consideration if your organization has historically used an outside organization for specific systems or services that you now are considering handling yourself.

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:

A peer group review of any product created during the system development process refers to:

During project initiation and planning,you should precisely define all benefits and costs related to a particular project.

The current value of a future cash flow is referred to as its:

Infrastructure replacement/improvements,system maintenance costs,and user training and support are examples of:

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 is the:

The time value of money compares present cash outlays to future expected returns.

As a rule of thumb estimate,what percentage of the entire development effort should be devoted to the project initiation and planning process?

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 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:

The Baseline Project Plan:

Which of the following would be classified as a tangible cost?

Referencing a walkthrough,the user makes sure that the work product meets the needs of the project's customers.

Which of the following is NOT a major section of the Baseline Project Plan?

Economic feasibility is the process of identifying the financial benefits and costs associated with a development project.

The ________ is the rate of return used to compute the present value of future cash flows.

The Project Scope Statement:

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

The Systems Development Environment

The Origins of Software

Managing the Information Systems Project

Identifying and Selecting Systems Development Projects

Determining System Requirements

Structuring System Process Requirements

Structuring System Data Requirements

Designing Databases

Designing Forms and Reports

Designing Interfaces and Dialogues

Designing Distributed and Internet Systems

System Implementation

Maintaining Information Systems

Object-Oriented Analysis and Design: Use Cases

Object-Oriented Analysis and Design: Activity Diagrams

Object-Oriented Analysis and Design: Sequence Diagrams

Business Process Modeling

Objected-Oriented Analysis and Design: Object Modeling-Class Diagrams

Filters

Exam 5: Initiating and Planning Systems Development Projects

A ________ is a benefit derived from the creation of an information system that can be measured in dollars and with certainty.

Generally speaking,legal and contractual feasibility is a greater consideration if your organization has historically used an outside organization for specific systems or services that you now are considering handling yourself.

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:

A peer group review of any product created during the system development process refers to:

During project initiation and planning,you should precisely define all benefits and costs related to a particular project.

The current value of a future cash flow is referred to as its:

Infrastructure replacement/improvements,system maintenance costs,and user training and support are examples of:

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 is the:

The time value of money compares present cash outlays to future expected returns.

As a rule of thumb estimate,what percentage of the entire development effort should be devoted to the project initiation and planning process?

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 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:

The Baseline Project Plan:

Which of the following would be classified as a tangible cost?

Referencing a walkthrough,the user makes sure that the work product meets the needs of the project's customers.

Which of the following is NOT a major section of the Baseline Project Plan?

Economic feasibility is the process of identifying the financial benefits and costs associated with a development project.

The ________ is the rate of return used to compute the present value of future cash flows.

The Project Scope Statement:

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

The Systems Development Environment

The Origins of Software

Managing the Information Systems Project

Identifying and Selecting Systems Development Projects

Determining System Requirements

Structuring System Process Requirements

Structuring System Data Requirements

Designing Databases

Designing Forms and Reports

Designing Interfaces and Dialogues

Designing Distributed and Internet Systems

System Implementation

Maintaining Information Systems

Object-Oriented Analysis and Design: Use Cases

Object-Oriented Analysis and Design: Activity Diagrams

Object-Oriented Analysis and Design: Sequence Diagrams

Business Process Modeling

Objected-Oriented Analysis and Design: Object Modeling-Class Diagrams

Filters