Exam 4: Systems Planning and Selection

The systems planning and selection process for an Internet-based electronic commerce application is no different than the process followed for other applications.

Referencing a walkthrough, the coordinator reviews the work product in terms of future maintenance activities.

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

What is a Project Scope Statement? What is a Baseline Project Plan? How are they different?

The criteria used to evaluate projects will vary by organization.

An Internet-based communication that supports business-to-business activities best describes:

Match each of the following terms with its definition. -A major outcome and deliverable from the project initiation and planning phase that contains the best estimate of a project's scope, benefits, costs, risks, and resource requirements

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

Match each of the following terms with its corresponding definition. -Internet-based communication to support business activities within a single organization

A department head deciding which project requests to submit is an example of:

Match each of the following terms with its corresponding definition. -An Internet-based communication to support business-to-business activities

Fulfillment feasibility is the process of examining the likelihood that the project will attain its desired objectives.

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

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

Which of the following is a section of the Baseline Project Plan?

The use of telecommunications technologies to transfer business documents directly between organizations best defines:

Briefly identify three commonly used economic cost-benefit analysis techniques.

Because many projects may be competing for the same investment dollars and may have different useful life expectancies, all costs and benefits must be viewed in relation to their present rather than future value when comparing investment options.

All information collected during project initiation and planning is collected and organized into a document called the Baseline Project Plan.

For each of the following walkthrough roles, match it with its description. -This person plans the meeting and facilitates discussions.