Question 1

The concept of comparing present cash outlays to future expected returns best defines:

Accepted Answer

A)  cost/benefit analysis. 
B)  internal rate of return. 
C)  time value of money. 
D)  investment return analysis. 
E)  monetary futures analysis. 
A)  cost/benefit analysis. 
B)  internal rate of return. 
C)  time value of money. 
D)  investment return analysis. 
E)  monetary futures analysis.

Question 2

Due to the principle of incremental commitment, a selected project will result in a working system.

Accepted Answer

A) True 
 B)False

Question 3

A cost resulting from the ongoing evolution and use of a system best defines a(n):

Accepted Answer

A)  recurring cost. 
B)  one-time cost. 
C)  incremental cost. 
D)  frequent cost. 
E)  variable cost. 
A)  recurring cost. 
B)  one-time cost. 
C)  incremental cost. 
D)  frequent cost. 
E)  variable cost.

Question 4

A major outcome and deliverable from project initiation and planning that reflects the best estimate of the project's scope, benefits, costs, risks, and resource requirements defines the:

Accepted Answer

A)  Baseline Project Plan. 
B)  Information Systems Plan. 
C)  Mission Statement. 
D)  Resource Requirements Statement. 
E)  Systems Service Request. 
A)  Baseline Project Plan. 
B)  Information Systems Plan. 
C)  Mission Statement. 
D)  Resource Requirements Statement. 
E)  Systems Service Request.

Question 5

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. 
E)  Systems Service Request. 
A)  Information Systems Plan. 
B)  Project Scope Statement. 
C)  Mission Statement. 
D)  Baseline Project Plan. 
E)  Systems Service Request.

Question 6

Requirements structuring is the first activity of the systems planning and selection phase.

Accepted Answer

A) True 
 B)False

Question 7

Which of the following alternative methods for making information systems identification and selection decisions has the highest associated cost?

Accepted Answer

A)  Development group 
B)  User department 
C)  Steering committee 
D)  Top management 
E)  End user 
A)  Development group 
B)  User department 
C)  Steering committee 
D)  Top management 
E)  End user

Question 8

To gain an understanding of the organization's ability to construct the proposed system is the goal of:

Accepted Answer

A)  operational feasibility. 
B)  schedule feasibility. 
C)  technical feasibility. 
D)  political feasibility. 
E)  construction feasibility. 
A)  operational feasibility. 
B)  schedule feasibility. 
C)  technical feasibility. 
D)  political feasibility. 
E)  construction feasibility.

Question 9

Systems analysis is the first phase of the systems development life cycle.

Accepted Answer

A) True 
 B)False

Question 10

Briefly identify and define the six major categories of feasibility.

Accepted Answer

The six feasibility categories are econo

Question 11

Variable costs are costs resulting from the ongoing evolution and use of a system.

Accepted Answer

A) True 
 B)False

Question 12

Using a discount rate of 14 percent, the present value of a $10,000 benefit received five years from now is $5,500.49.

Accepted Answer

A) True 
 B)False

Question 13

To maintain consistency, the classification and ranking of projects should only be performed by top management or a steering committee.

Accepted Answer

A) True 
 B)False

Question 14

Referencing the Management Issues section of the baseline project plan, the communication plan provides a description of the team member roles and reporting relationships.

Accepted Answer

A) True 
 B)False

Question 15

Which of the following would be classified as an intangible cost?

Accepted Answer

A)  Hardware costs 
B)  Labor costs 
C)  Employee morale 
D)  Operational costs 
E)  Internet service setup fee 
A)  Hardware costs 
B)  Labor costs 
C)  Employee morale 
D)  Operational costs 
E)  Internet service setup fee

Question 16

The extent to which the project is viewed as improving profits, customer service, etc., and the duration of these benefits best defines which of the following evaluation criteria?

Accepted Answer

A)  Potential benefits 
B)  Resource availability 
C)  Technical difficulty or risks 
D)  Strategic alignment 
E)  Value chain analysis 
A)  Potential benefits 
B)  Resource availability 
C)  Technical difficulty or risks 
D)  Strategic alignment 
E)  Value chain analysis

Question 17

The project charter reflects the best estimate of the project's scope, benefits, costs, risks, and resource requirements, given the current understanding of the project.

Accepted Answer

A) True 
 B)False

Question 18

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 
E)  Not all customers use the Internet. 
A)  Loss of customer goodwill 
B)  Cost of hardware 
C)  Employee morale 
D)  Operational inefficiency 
E)  Not all customers use the Internet.

Question 19

The construction of an information system can have political ramifications.

Accepted Answer

A) True 
 B)False

Question 20

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 
E)  Over 50 percent 
A)  Between 10 and 20 percent 
B)  Less than 5 percent 
C)  Less than 10 percent 
D)  Between 20 and 30 percent 
E)  Over 50 percent

The concept of comparing present cash outlays to future expected returns best defines:

Due to the principle of incremental commitment, a selected project will result in a working system.

A cost resulting from the ongoing evolution and use of a system best defines a(n):

A major outcome and deliverable from project initiation and planning that reflects the best estimate of the project's scope, benefits, costs, risks, and resource requirements defines the:

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:

Requirements structuring is the first activity of the systems planning and selection phase.

Which of the following alternative methods for making information systems identification and selection decisions has the highest associated cost?

To gain an understanding of the organization's ability to construct the proposed system is the goal of:

Systems analysis is the first phase of the systems development life cycle.

Briefly identify and define the six major categories of feasibility.

Variable costs are costs resulting from the ongoing evolution and use of a system.

Using a discount rate of 14 percent, the present value of a $10,000 benefit received five years from now is $5,500.49.

To maintain consistency, the classification and ranking of projects should only be performed by top management or a steering committee.

Referencing the Management Issues section of the baseline project plan, the communication plan provides a description of the team member roles and reporting relationships.

Which of the following would be classified as an intangible cost?

The extent to which the project is viewed as improving profits, customer service, etc., and the duration of these benefits best defines which of the following evaluation criteria?

The project charter reflects the best estimate of the project's scope, benefits, costs, risks, and resource requirements, given the current understanding of the project.

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

The construction of an information system can have political ramifications.

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

The Systems Development Environment

The Sources of Software

Managing the Information Systems Project

Determining System Requirements

Structuring System Requirements: Process Modeling

Structuring System Requirements: Conceptual Data Modeling

Designing the Human Interface

Designing Databases

Systems Implementation and Operation

Filters

Exam 4: Systems Planning and Selection

The concept of comparing present cash outlays to future expected returns best defines:

Due to the principle of incremental commitment, a selected project will result in a working system.

A cost resulting from the ongoing evolution and use of a system best defines a(n):

A major outcome and deliverable from project initiation and planning that reflects the best estimate of the project's scope, benefits, costs, risks, and resource requirements defines the:

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:

Requirements structuring is the first activity of the systems planning and selection phase.

Which of the following alternative methods for making information systems identification and selection decisions has the highest associated cost?

To gain an understanding of the organization's ability to construct the proposed system is the goal of:

Systems analysis is the first phase of the systems development life cycle.

Briefly identify and define the six major categories of feasibility.

Variable costs are costs resulting from the ongoing evolution and use of a system.

Using a discount rate of 14 percent, the present value of a $10,000 benefit received five years from now is $5,500.49.

To maintain consistency, the classification and ranking of projects should only be performed by top management or a steering committee.

Referencing the Management Issues section of the baseline project plan, the communication plan provides a description of the team member roles and reporting relationships.

Which of the following would be classified as an intangible cost?

The extent to which the project is viewed as improving profits, customer service, etc., and the duration of these benefits best defines which of the following evaluation criteria?

The project charter reflects the best estimate of the project's scope, benefits, costs, risks, and resource requirements, given the current understanding of the project.

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

The construction of an information system can have political ramifications.

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

The Systems Development Environment

The Sources of Software

Managing the Information Systems Project

Determining System Requirements

Structuring System Requirements: Process Modeling

Structuring System Requirements: Conceptual Data Modeling

Designing the Human Interface

Designing Databases

Systems Implementation and Operation

Filters