Exam 13: Systems Development and Project Management

System testing verifies that apps,interfaces,data transfers,and so on,work correctly under standard or expected conditions.

After the project plan in the SOW is reviewed,a go or no-go decision is made;and if a go decision is made,the project is initiated.

________ should not be considered in the decision to kill a project.

________ is a presentation or document that outlines the justification for the start-up and funding of a project.

The financial services sector has been compelled by strict international anti-money-laundering (AML)guidelines that require firms to know your customer (KYC).

________ are multipurpose visualization tools that show the timeline of the project schedule;and are used for planning,scheduling,and at-a-glance status reports.

In a __________ conversion,the old system and the new system operate simultaneously for a period of time,which is the most expensive,but also the least risky approach.

Identify and explain two types of feasibility testing.

Explain project milestones and their importance.

________ is a structured methodology to plan,manage,and control the completion of a project throughout its life cycle.

The feasibility study is critically important to the system development process because,when done properly,the study can prevent companies from making expensive mistakes,such as creating systems that will not work,that will not work efficiently,or that people cannot or will not use.

Not using a best practices project management approach is the biggest IT project mistake a business can make.

The ________ refers to the three attributes that must be managed effectively for successful completion and closure of any project

Project management software computes the cost of the project based on labor time (duration)of each task in the WBS and the cost of labor or other resource.

The money already spent on the project,or sunk costs,should be considered in the decision to kill a project that is out of control.

Changes to a project tend to have a trickle-down effect because of task dependencies and shared resources.

Baseline is a specification of the project plan that has been formally reviewed and agreed upon.It can be updated or changed through casual or informal change control processes.

Monitoring and control processes should occur _________ while the project work is being executed.

Monitoring and control processes are intended to occur weekly while the project work is being executed.

Identify and describe the triple constraint of project management.Why is it important to manage the triple constraint?