Exam 13: Systems Development and Project Management

Except in extreme cases,the evaluation of success or failure is ________ because time and cost to complete the project are _________.

During project analysis,IT projects should be examined holistically-that is,in combination in order to identify investment synergies-using a project portfolio management approach.

Management can assess economic feasibility by using cost-benefit analysis,ROI,NPV,and breakeven analysis.

Large IT projects,especially ones that involve infrastructure,are developed according to the __________ methodology using several tools.

Project control is also used to identify when to declare the ongoing project a failure and kill it

The major take-away from the triple constraint being represented as a triangle is that you cannot change one side without changing the other sides.

All projects have a critical path,which is the shortest path.

Because scope creep is expensive,project managers impose controls on changes requested by users.These controls help to prevent ________,which are system development projects that are so far over budget and past deadline that they must be abandoned.

Lack of milestones has been a contributing factor in many project failures.

The project ________ is the definition of what the project is supposed to accomplish-its outcomes or deliverables.

Enterprises face the challenge of deciding which investments to make and how to allocate scarce resources to competing projects.Typically,a senior manager composes a(n)________ that outlines the justification for the start-up and funding of a project.

The baseline is used for monitoring and controlling.Any change to the baseline is a deviation,or variance,to the plan-and it needs to be documented.

Each task or activity has a start date and ________,which determines its finish date.

__________ lets everyone know who is responsible for completion of tasks.

The SOW breaks a project down into the tasks or activities that must be performed,and in what order,to produce the deliverables at each milestone.

The triple constraint refers to the three attributes that must be managed effectively for successful completion and closure of any project.Which is not one of those attributes?

Project managers need to recognize the risk of __________,which is the piling up of small changes that by themselves are manageable,but collectively can cause significant project growth.

Projects start with an idea that is explained in a business case.If the business case is accepted,a work breakdown structure (WBS)is prepared.

Project ________ depends on prompt and candid feedback from the project team,while ________ depends on systems and decision rules for managing variances between the project's scope,cost,and schedule.

A project is a well-planned sequential series of tasks to achieve a result;and have a defined beginning and end,a scope,resources,and a budget.