i402 exam1

Which of the following is a planning process associated with project scope management?

Collecting requirements

Examples of _____ processes include acquiring and developing the project team, performing quality assurance, distributing information, managing stakeholder expectations, and conducting procurements.

Executing

A project charter typically does not authorize the project manager to use organizational resources to complete the project.

False

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

False

Decisions and actions taken in one knowledge area at a certain time rarely affect other knowledge areas.

False

Projects that address broad organizational needs are likely to fail.

False

The ROI is always positive.

False

The kick-off meeting is always held before the business case and project charter are completed.

False

Which of the following is true of the project life cycle?

In the early phases of a project life cycle, resource needs are usually lowest.

___ involves identifying and managing the points of interaction between various elements of the project.

Interface management

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

Internal Rate of Return

Which of the following is true about the agile method?

It uses several iterations or deliveries of software instead of waiting until the end of the project to provide a product.

___ is a technique that uses branches radiating from a core idea to structure thoughts and ideas.

Mind mapping

___ project work includes collecting, measuring, and disseminating performance information.

Monitoring

___ analysis is a method of calculating the expected net monetary gain or loss from a project by discounting all expected future cash inflows and outflows to the present point in time.

Net present value

Which of the following is a proactive process undertaken to reduce the probability of negative consequences associated with project risks?

Preventive actions

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

Project integration management

Which of the following project parameters would be compatible with the use of the agile approach?

Projects that have more flexible scheduling

___ is an iterative software development process that focuses on team productivity and delivers software best practices to all team members.

Rational Unified Process

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

SWOT Analysis

___ involves determining long-term objectives by analyzing the strengths and weaknesses, studying opportunities and threats, predicting future trends, and projecting the need for new products and services.

Strategic Planning

According to the symbolic frame, the most important aspect of any event in an organization is not what actually happened, but what it means.

True

An organization that uses a project organizational structure earns their revenue primarily from performing projects for other groups under contract.

True

Change requests are always made in writing.

True

NPV analysis is a method for making equal comparisons between cash flows for multi-year projects.

True

The DMAIC (Define, Measure, Analyze, Improve, and Control) methodology of the Six Sigma projects, is used to improve an existing business process.

True

The WBS provides a basis for creating the project schedule and performing earned value management for measuring and forecasting project performance.

True

The executing process group generally requires the most resources.

True

The two main items for monitoring and controlling in the Scrum framework are the daily Scrum and the sprint retrospectives.

True

A(n) _____ is a methodology that converts value drivers, such as customer service, innovation, operational efficiency, and financial performance, to a series of defined metrics.

balanced scorecard

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

baseline

The _____ stage of information technology planning outlines business processes that are central to achieving strategic goals and helps determine which ones could most benefit from information technology.

business area analysis

The main purpose of project plans is to

guide project execution

In the _____ phase, the project team creates a definitive or very accurate cost estimate, delivers the required work, and provides performance reports to stakeholders.

implementation

The project integration management knowledge area maps to the _____ process group through the activities of developing project charters.

initiating

The critical path is the _____ through a network diagram that determines the earliest completion of a project.

longest

In a _____ organizational structure, personnel often report to both a functional manager and one or more project managers.

matrix

A common _____ process is reporting performance, where project stakeholders can identify any necessary changes that may be required to keep the project on track.

monitoring and controlling

The ideal outcome of the _____ process group is to complete a project successfully by delivering the agreed-upon project scope within time, cost, and quality constraints.

monitoring and controlling

In project integration management, project ______ and _______ are intertwined and inseparable activities.

planning, execution --the comma is necessary, i got it wrong without it

High-end tools in project management software have enterprise and _____ functions that summarize and combine individual project information to provide an enterprise view of all projects.

portfolio management

Developing a _____ is a planning process that occurs in the Project Integration Management knowledge area.

project management plan

Until the 1980s, project management primarily focused on providing _____ and resource data to top management in the military, computer, and construction industries.

schedule

The question, "What unique product does the customer expect from the project?" is an example of a(n) _____ constraint.

scope

A(n) _____ is a document that includes stakeholders' roles, names, organizations, and contact information.

stakeholder register

The business case includes information on _____.

the project objective, high-level requirements, and time and cost goals

Project _____ management includes estimating how long it will take to complete work, develop an acceptable project schedule, and ensure timely completion of a project.

time

The first step in the planning process is _____.

to tie the information technology strategic plan to the organization's overall strategic plan