Question 1

A project is a permanent endeavor undertaken to create a unique product or service.

Accepted Answer

A) True 
 B)False  False

Question 2

How do companies manage risk? What are the factors that contribute to a high-risk project?
Matching

Accepted Answer

there are many factors contributes risk to a firm. the sources of risk to a firm are: the economic factors, political factors, business related factors and natural factors. economic factors like inflation rate, interest rate risk and market risk comes under systematic risk, which can not be avoid.

business risk and financial risk can be called as unsystematic risk, which can be minimized. by diversifying the business a firm can manage business risk, by entering into different segments, into different markets, with wide range of products, a firm can minimize the business risk. by using optimum combination of debt and equity capital, a firm can minimize its total cost of capital and by this the firm can earn more profits.

the unsystematic risk of a firm can be minimized upto zero, but the systematic risk can not be minimized or avoid, so it can not be skipped by the firm

Question 3

Match the activity to the SDLC project phase to which it belongs.

Accepted Answer

not answered

Question 4

Scope may be divided into product scope and __________ scope.

Accepted Answer

A)  project 
B)  cost 
C)  time 
D)  time. 
E)  sequence 
A)  project 
B)  cost 
C)  time 
D)  time. 
E)  sequence

Question 5

This project cycle plan chart looks very much like a bar chart and is easy for management to read because of its visual nature.

Accepted Answer

A)  PERT 
B)  Gantt 
C)  CPM 
D)  NPV 
E)  Flowchart 
A)  PERT 
B)  Gantt 
C)  CPM 
D)  NPV 
E)  Flowchart

Question 6

The maintenance and review phase is the longest phase of the software development lifecycle.

Accepted Answer

A) True 
 B)False

Question 7

These are the individuals and organizations that are involved in or may be affected by a given project.

Accepted Answer

Project st

Question 8

Small projects that are low in complexity and low in clarity are low in risk.

Accepted Answer

A) True 
 B)False

Question 9

Increasing project success requires gaining commitment from stakeholders. All of the following help to sustain that commitment for the life of the project EXCEPT:

Accepted Answer

A)  Continually reminding stakeholders of the project benefits 
B)  Placing key stakeholders on the project team 
C)  Encouraging the project sponsor to provide public support for the project 
D)  Surprising the stakeholders by keeping the system's workings a secret 
E)  Assigning the right leader to be the project sponsor 
A)  Continually reminding stakeholders of the project benefits 
B)  Placing key stakeholders on the project team 
C)  Encouraging the project sponsor to provide public support for the project 
D)  Surprising the stakeholders by keeping the system's workings a secret 
E)  Assigning the right leader to be the project sponsor

Question 10

This is the term used to describe what happens when a project's scope increases after it has started.

Accepted Answer

The answer of This is the term used to describe...

Question 11

Agile development tends to be _______-oriented rather than process-oriented.

Accepted Answer

The answer of Agile development tends to be _______-oriented rather...

Question 12

Which one of the following is NOT one of the four essential elements of any project?

Accepted Answer

A)  Common project vocabulary 
B)  Project team 
C)  System evaluation 
D)  Project cycle plan 
E)  Project management 
A)  Common project vocabulary 
B)  Project team 
C)  System evaluation 
D)  Project cycle plan 
E)  Project management

Question 13

This development methodology is more traditional and more structured than other approaches.

Accepted Answer

A)  Agile programming 
B)  Prototyping 
C)  Open source deployment 
D)  Software development life cycle (SDL
C)  
E)  Critical path method (CPM) 
A)  Agile programming 
B)  Prototyping 
C)  Open source deployment 
D)  Software development life cycle (SDL
C)  
E)  Critical path method (CPM)

Question 14

The riskiest approach to system implementation is a parallel conversion.

Accepted Answer

A) True 
 B)False

Question 15

To transform resources into profits, organizations combine two types of work - operations and ________.

Accepted Answer

The answer of To transform resources into profits, organizations combine...

Question 16

Match the description to the SDLC project phase it represents.

Accepted Answer

The answer of Match the description to the SDLC project...

Question 17

To support a common language and improve communication, a project manager should develop a private collection of acronyms and make frequent use of them.

Accepted Answer

A) True 
 B)False

Question 18

Match the project responsibility as being that of the project manager or the project sponsor.

Accepted Answer

The answer of Match the project responsibility as being that...

Question 19

This plan organizes the discrete project activities and orders them along a timeline, identifying the critical beginning and ending dates as well as necessary time and resources.

Accepted Answer

The answer of This plan organizes the discrete project activities...

Question 20

Strong project leadership can trade off against strong project management processes. That is, if the leader is not strong, then processes can be strengthened to make up for it. And if the processes are weak, a strong leader is needed.

Accepted Answer

A) True 
 B)False

A project is a permanent endeavor undertaken to create a unique product or service.

How do companies manage risk? What are the factors that contribute to a high-risk project? Matching

Match the activity to the SDLC project phase to which it belongs.

Scope may be divided into product scope and __________ scope.

This project cycle plan chart looks very much like a bar chart and is easy for management to read because of its visual nature.

The maintenance and review phase is the longest phase of the software development lifecycle.

These are the individuals and organizations that are involved in or may be affected by a given project.

Small projects that are low in complexity and low in clarity are low in risk.

Increasing project success requires gaining commitment from stakeholders. All of the following help to sustain that commitment for the life of the project EXCEPT:

This is the term used to describe what happens when a project's scope increases after it has started.

Agile development tends to be _______-oriented rather than process-oriented.

Which one of the following is NOT one of the four essential elements of any project?

This development methodology is more traditional and more structured than other approaches.

The riskiest approach to system implementation is a parallel conversion.

To transform resources into profits, organizations combine two types of work - operations and ________.

Match the description to the SDLC project phase it represents.

To support a common language and improve communication, a project manager should develop a private collection of acronyms and make frequent use of them.

Match the project responsibility as being that of the project manager or the project sponsor.

This plan organizes the discrete project activities and orders them along a timeline, identifying the critical beginning and ending dates as well as necessary time and resources.

Strong project leadership can trade off against strong project management processes. That is, if the leader is not strong, then processes can be strengthened to make up for it. And if the processes are weak, a strong leader is needed.

Introduction

The Information Systems Strategy Triangle

Strategic Use of Information Resources

Organizational Strategy and Information Systems

Information Systems and the Design of Work

Information Systems and Business Transformation

Architecture and Infrastructure

Security

The Business of Information Technology

Governance of the Information Systems Organization

Information Systems Sourcing

Business Intelligence Knowledge Management and Analytics

Privacy and Ethical Considerations in Information Management

Filters

Exam 12: Managing IT Projects

A project is a permanent endeavor undertaken to create a unique product or service.

How do companies manage risk? What are the factors that contribute to a high-risk project? Matching

Match the activity to the SDLC project phase to which it belongs.

Scope may be divided into product scope and __________ scope.

This project cycle plan chart looks very much like a bar chart and is easy for management to read because of its visual nature.

The maintenance and review phase is the longest phase of the software development lifecycle.

These are the individuals and organizations that are involved in or may be affected by a given project.

Small projects that are low in complexity and low in clarity are low in risk.

Increasing project success requires gaining commitment from stakeholders. All of the following help to sustain that commitment for the life of the project EXCEPT:

This is the term used to describe what happens when a project's scope increases after it has started.

Agile development tends to be _______-oriented rather than process-oriented.

Which one of the following is NOT one of the four essential elements of any project?

This development methodology is more traditional and more structured than other approaches.

The riskiest approach to system implementation is a parallel conversion.

To transform resources into profits, organizations combine two types of work - operations and ________.

Match the description to the SDLC project phase it represents.

To support a common language and improve communication, a project manager should develop a private collection of acronyms and make frequent use of them.

Match the project responsibility as being that of the project manager or the project sponsor.

This plan organizes the discrete project activities and orders them along a timeline, identifying the critical beginning and ending dates as well as necessary time and resources.

Strong project leadership can trade off against strong project management processes. That is, if the leader is not strong, then processes can be strengthened to make up for it. And if the processes are weak, a strong leader is needed.

Introduction

The Information Systems Strategy Triangle

Strategic Use of Information Resources

Organizational Strategy and Information Systems

Information Systems and the Design of Work

Information Systems and Business Transformation

Architecture and Infrastructure

Security

The Business of Information Technology

Governance of the Information Systems Organization

Information Systems Sourcing

Business Intelligence Knowledge Management and Analytics

Privacy and Ethical Considerations in Information Management

Filters