Question 1

The first step in determining the NPV is to _____.

Accepted Answer

A)  determine the estimated costs and benefits for the life of the project and the products it produces 
B)  determine the discount rate 
C)  calculate the net present value 
D)  determine the cash flow 
A)  determine the estimated costs and benefits for the life of the project and the products it produces 
B)  determine the discount rate 
C)  calculate the net present value 
D)  determine the cash flow

Question 2

_____ are new requirements imposed by management, government, or some external influence.

Accepted Answer

The answer of _____ are new requirements imposed by management,...

Question 3

The outputs of the _____ process include change request status updates, project management plan updates, and project document updates.

Accepted Answer

A)  initiating 
B)  planning 
C)  executing 
D)  monitoring and controlling 
A)  initiating 
B)  planning 
C)  executing 
D)  monitoring and controlling

Question 4

The _____ section of the project plan should describe the major project functions and activities and identify those individuals who are in charge of them.

Accepted Answer

A)  organizational charts 
B)  other organizational or process-related information 
C)  project responsibilities 
D)  management objectives 
A)  organizational charts 
B)  other organizational or process-related information 
C)  project responsibilities 
D)  management objectives

Question 5

Which of the following is a proactive process undertaken to reduce the probability of negative consequences associated with project risks?

Accepted Answer

A)  Performance reports 
B)  Preventive actions 
C)  Defect repairs 
D)  Corrective actions 
A)  Performance reports 
B)  Preventive actions 
C)  Defect repairs 
D)  Corrective actions

Question 6

An IT company revises its process parameters in response to complaints from vendors that products were not ready on time. This would be an example of _____.

Accepted Answer

A)  cost forecasting 
B)  a preventive action 
C)  defect repairs 
D)  a corrective action 
A)  cost forecasting 
B)  a preventive action 
C)  defect repairs 
D)  a corrective action

Question 7

Which of the following is true of return on investment or ROI?

Accepted Answer

A)  It is always a percentage. 
B)  It is always a positive number. 
C)  It is the result of adding the project costs to the profits. 
D)  The lower it is, the better. 
A)  It is always a percentage. 
B)  It is always a positive number. 
C)  It is the result of adding the project costs to the profits. 
D)  The lower it is, the better.

Question 8

A project charter typically does not authorize the project manager to use organizational resources to complete the project.

Accepted Answer

A) True 
 B)False

Question 9

The _____ is the discount rate that results in an NPV of zero for a project.

Accepted Answer

internal rate of ret

Question 10

As projects progress, the organization must reevaluate the need, funding, and will for each project to determine if the project should be continued, redefined, or terminated.

Accepted Answer

A) True 
 B)False

Question 11

What are the methods for categorizing information technology projects?

Accepted Answer

Selecting projects is based on various c

Question 12

Interface management involves identifying and managing the points of interaction between various elements of a project.

Accepted Answer

A) True 
 B)False

Question 13

_____ factors include relevant government or industry standards, the organization's infrastructure, and marketplace conditions.

Accepted Answer

Enterprise

Question 14

A _____ is a document that recognizes the existence of a project and provides direction on the project's objectives and management.

Accepted Answer

A)  stakeholder register 
B)  risk register 
C)  directive 
D)  project charter 
A)  stakeholder register 
B)  risk register 
C)  directive 
D)  project charter

Question 15

The project schedule information section of the project management plan includes ____.

Accepted Answer

A)  a detailed budget 
B)  a list of key deliverables 
C)  an elaborate timetable 
D)  a directory of staff involved in the project 
A)  a detailed budget 
B)  a list of key deliverables 
C)  an elaborate timetable 
D)  a directory of staff involved in the project

Question 16

The majority of time on a project is usually spent on _____, as is most of the project's budget.

Accepted Answer

A)  execution 
B)  planning 
C)  closing 
D)  monitoring and controlling 
A)  execution 
B)  planning 
C)  closing 
D)  monitoring and controlling

Question 17

Payback occurs when:

Accepted Answer

A)  the net cumulative benefits minus costs equal one. 
B)  the net cumulative benefits equal the net cumulative costs. 
C)  the net costs are lower than the cumulative benefits. 
D)  the cumulative benefits are double the cumulative costs. 
A)  the net cumulative benefits minus costs equal one. 
B)  the net cumulative benefits equal the net cumulative costs. 
C)  the net costs are lower than the cumulative benefits. 
D)  the cumulative benefits are double the cumulative costs.

Question 18

An organization should consider only projects with a negative NPV if financial value is a key criterion for project selection.

Accepted Answer

A) True 
 B)False

Question 19

In the _____ stage of selecting information technology projects, organizations select information technology projects.

Accepted Answer

A)  project planning 
B)  business area analysis 
C)  resource allocation 
D)  information technology strategy planning 
A)  project planning 
B)  business area analysis 
C)  resource allocation 
D)  information technology strategy planning

Question 20

Change requests are always made in writing.

Accepted Answer

A) True 
 B)False

The first step in determining the NPV is to _____.

_____ are new requirements imposed by management, government, or some external influence.

The outputs of the _____ process include change request status updates, project management plan updates, and project document updates.

The _____ section of the project plan should describe the major project functions and activities and identify those individuals who are in charge of them.

Which of the following is a proactive process undertaken to reduce the probability of negative consequences associated with project risks?

An IT company revises its process parameters in response to complaints from vendors that products were not ready on time. This would be an example of _____.

Which of the following is true of return on investment or ROI?

A project charter typically does not authorize the project manager to use organizational resources to complete the project.

The _____ is the discount rate that results in an NPV of zero for a project.

As projects progress, the organization must reevaluate the need, funding, and will for each project to determine if the project should be continued, redefined, or terminated.

What are the methods for categorizing information technology projects?

Interface management involves identifying and managing the points of interaction between various elements of a project.

_____ factors include relevant government or industry standards, the organization's infrastructure, and marketplace conditions.

A _____ is a document that recognizes the existence of a project and provides direction on the project's objectives and management.

The project schedule information section of the project management plan includes ____.

The majority of time on a project is usually spent on _____, as is most of the project's budget.

Payback occurs when:

An organization should consider only projects with a negative NPV if financial value is a key criterion for project selection.

In the _____ stage of selecting information technology projects, organizations select information technology projects.

Change requests are always made in writing.

Introduction to Project Management

The Project Management and Information Technology Context

The Project Management Process Groups: a Case Study

Project Scope Management

Project Time Management

Project Cost Management

Project Quality Management

Project Human Resource Management

Project Communications Management

Project Risk Management

Project Procurement Management

Project Stakeholder Management

Filters

Exam 4: Project Integration Management

The first step in determining the NPV is to _____.

_____ are new requirements imposed by management, government, or some external influence.

The outputs of the _____ process include change request status updates, project management plan updates, and project document updates.

The _____ section of the project plan should describe the major project functions and activities and identify those individuals who are in charge of them.

Which of the following is a proactive process undertaken to reduce the probability of negative consequences associated with project risks?

An IT company revises its process parameters in response to complaints from vendors that products were not ready on time. This would be an example of _____.

Which of the following is true of return on investment or ROI?

A project charter typically does not authorize the project manager to use organizational resources to complete the project.

The _____ is the discount rate that results in an NPV of zero for a project.

As projects progress, the organization must reevaluate the need, funding, and will for each project to determine if the project should be continued, redefined, or terminated.

What are the methods for categorizing information technology projects?

Interface management involves identifying and managing the points of interaction between various elements of a project.

_____ factors include relevant government or industry standards, the organization's infrastructure, and marketplace conditions.

A _____ is a document that recognizes the existence of a project and provides direction on the project's objectives and management.

The project schedule information section of the project management plan includes ____.

The majority of time on a project is usually spent on _____, as is most of the project's budget.

Payback occurs when:

An organization should consider only projects with a negative NPV if financial value is a key criterion for project selection.

In the _____ stage of selecting information technology projects, organizations select information technology projects.

Change requests are always made in writing.

Introduction to Project Management

The Project Management and Information Technology Context

The Project Management Process Groups: a Case Study

Project Scope Management

Project Time Management

Project Cost Management

Project Quality Management

Project Human Resource Management

Project Communications Management

Project Risk Management

Project Procurement Management

Project Stakeholder Management

Filters