Exam 4: Project Integration Management

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______________________________ involves coordinating all of the other project management knowledge areas throughout a project's life cycle.

(Short Answer)
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____________________ are undesirable situations that prevent an organization from achieving its goals.

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Net present value and cash flow mean the same thing.

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Strategic planning involves determining long-term objectives by analyzing the strengths and weaknesses of an organization,studying opportunities and threats in the business environment,predicting future trends,and projecting the need for new products and services.

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______________________________ is the result of subtracting the project costs from the benefits and then dividing by the costs.

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

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Research shows that ____ is the number one reason cited for why organizations invest in information technology projects.

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An organization's information technology project selection process should guide the strategic plan.

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A(n)____________________ is the rate used in discounting future cash flow.

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A(n)____________________ is the approved project management plan plus approved changes.

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What are the methods for categorizing Information Technology projects?

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The key deliverables section of the project management plan should describe the quality expectations for the product deliverables.

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Information systems can help an organization support a strategy of being a low-cost producer.

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A(n)____ is a formal group of people responsible for approving or rejecting changes to a project.

(Multiple Choice)
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You can use the NPV function in Microsoft Access to calculate the NPV quickly.

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You can use the ____________________ function in Excel to determine the IRR quickly.

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A(n)____ 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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____________________ project work includes collecting,measuring,and disseminating performance information.

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____ involves working with stakeholders to create the document that formally authorizes a project.

(Multiple Choice)
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Many organizations have found that large information technology projects require experienced general managers who understand the business and application area of the technology,not the technology itself.

(True/False)
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