Exam 4: Project Integration Management

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Corrective actions reduce the probability of negative consequences associated with project risks, while preventive actions should result in improvements in project performance.

(True/False)
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A(n) _____ involves analyzing a company's strengths, weaknesses, opportunities, and threats, and is used to aid in strategic planning.

(Short Answer)
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_____ involves identifying, evaluating, and managing changes throughout the project life cycle.

(Short Answer)
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Project integration management must occur just within the context of a particular project.

(True/False)
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Which of the following is a proactive process undertaken to reduce the probability of negative consequences associated with project risks?

(Multiple Choice)
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A(n) _____ is the approved project management plan plus approved changes.

(Short Answer)
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Payback occurs when:

(Multiple Choice)
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In the _____ stage of selecting information technology projects, organizations define project scope, benefits, and constraints.

(Multiple Choice)
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In project integration management, directing and managing project execution involves carrying out the project management plan by performing the activities included in it.

(True/False)
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A _____ is a document used to coordinate all project planning documents and help guide a project's execution and control.

(Multiple Choice)
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The organization should complete low-priority projects before high-priority ones, if the low-priority ones take less time.

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List and briefly describe the six main processes involved in project integration management.

(Essay)
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A Gantt chart is the same as a project management plan.

(True/False)
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A positive NPV means the return from a project exceeds the _____, the return available by investing the capital elsewhere.

(Short Answer)
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The _____ is the discount rate that results in an NPV of zero for a project.

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The outputs of the _____ process include change request status updates, project management plan updates, and project document updates.

(Multiple Choice)
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_____ involves identifying and managing the points of interaction between various elements of the project.

(Short Answer)
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Projects that arise as a result of problems and directives must be resolved quickly to avoid hurting an organization's business.

(True/False)
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What is a weighted scoring model? How is it created?

(Essay)
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In the _____ stage of selecting information technology projects, organizations select information technology projects.

(Multiple Choice)
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