IS 438 Test 1

Project procurement management primarily involves identifying stakeholder needs while managing their engagement throughout the life of the project.

False

Questions about how a team will track schedule performance is related to a project's scope.

False

Responsibility assignment matrices and project organizational charts are examples of tools used in procurement management.

False

The enterprise project management software, which aids project and portfolio management, is a lowend tool.

False

The importance of stakeholders' needs and expectations is limited to the beginning of a project.

False

The only responsibility of a project manager is to meet the specific scope, time, and cost goals of a project.

False

The primary role of project stakeholder management is to ensure that the project will satisfy the stated needs for which it was undertaken.

False

To be a successful manager, the only skills an IT project manager needs to possess is excellent technical skills.

False

What is a systems development life cycle?

Framework for describing the phases involved in developing information systems

______ Is the tendency for project scope to keep getting bigger and bigger

Scope Creep

The total direct and indirect costs incurred in accomplishing work on an activity during a given period is known as the ________

Actual Cost (AC)

A _________ is a methodology that coverts the value drivers, such as customers, innovation, Operational efficiency and financial efficiency into a series of define metrics

Balance Scoreboard

A category of software that can help align projects with business strategy is called ________ tools

Business Service Management (BSM)

In addition to providing input for budgetary estimates, the process of _________ provides a cost baseline.

Cost budgeting

_________ are new requirements imposed by management, the government, or some external influence.

Directives

One of the first reality checks on scheduling that a project manager should make is to review the ______

Draft Schedule

A difference between operations and projects is that operations end when their objectives have been reached, whereas projects do not.

False

A project manager's primary role is to provide the funding for a project.

False

Earned value management is a tool primarily used in human resource management.

False

Effective program managers recognize that managing a program is much more complex than managing a single project.

False

Good project managers assume that their definition of success is the same as the sponsors.

False

In order to be realistic, a project manager should always set discrete goals instead of a range of objectives.

False

Individual projects always address strategic goals whereas portfolio management addresses tactical goals.

False

It is mandatory for project managers working on large information technology projects to be experts in the field of information technology.

False

Managing the triple constraints primarily involves making trade-offs between resources and quality.

False

Opponents of a project do not belong to the category of stakeholders.

False

Why is top management commitment crucial for project managers?

Managers need adequate resources Require approval for unique projects in a timely manner Must have cooperation from people in other parts of the organization Need mentors and leadership coaches for various issues

The _______ Is the portion of the approved total cost estimate planned to be spent on an activity during a given period

Planned Value

The role of a ______ is to provide directions and funding for a project.

Project sponsor

Which is the difference between projects and operations?

Projects are temporary endeavors whereas an organization's operations are ongoing in nature

Galaxy, a construction company, buys a particular brand of tiles manufactured by Tiles and Floors, an ecofriendly tile manufacturing company. However, Tiles and Floors has declared bankruptcy and closed down. At present, Galaxy is facing a crisis because there are no other manufacturers in the market that supplies ecofriendly tiles. Which of the following constraints is Galaxy currently facing?

Resources

Which of the following is true of projects?

They have a unique purpose

A project's stakeholders consist of its customers, users, and suppliers.

True

Every project should have a well defined objective.

True

Maturity models, statistical methods, and test plans are examples of tools used in quality management.

True

One of the main reasons why project management is challenging is because of the factor of uncertainty.

True

Program managers are change agents.

True

Project human resource management is concerned with making effective use of the people involved with a project.

True

Project managers work with the project sponsors to define success for particular projects.

True

Projects should be developed in increments.

True

Resources in a project should be used effectively because they are limited.

True

Stakeholder analyses, work requests, and project charters are tools used in integration management.

True

The introduction of new software makes basic tools, such as Gantt charts and network diagrams, inexpensive and easy to create.

True

Until the 1980s, project management primarily focused on providing schedule and resource data to top management in the military, computer, and construction industries. Today's project management involves much more, and people in every industry and every country manage projects.

True

What are some of the predictive models associated with the systems development life cycle?

Waterfall, Spiral, Incremental, Prototyping, Rapid Application Development (RAD) Model

in the ____________ phase of the project life cycle, the work is completed, and customers should accept the entire project.

closeout

"What is the projects budget?" This is an example of a project's _______ constraint.

cost

What is a work breakdown structure?

deliverable-oriented grouping of the work involved in a project that defines its total scope key project deliverable that organizes the team's work into sections

What are the advantages of obtaining PMP certification?

high market value, increased credibility and in many cases, a higher pay.

What is integrated change control?

the process of reviewing all change requests, approving changes and changes to the deliverables and organizational process assets.

What are the main objectives of integrated change control?

Ø Influencing the factors that create changes to ensure that changes are beneficial. Ø Determining that changes are occurred. Ø Managing actual changes as they occur.