Initiating and Planning Systems Development Projects CH5 Quiz

What is the term that describes the best estimate of a project's scope, benefits, cost, and resources?

Baseline project plan

Why is PIP challenging?

Because it turns a vague system request into a project description

Which option identifies the point at which benefits equal costs?

Break-even analysis

Which of the following is NOT a way to manage project risks?

Changing the budget

Which of the following is an example of an intangible cost?

Customer goodwill

All of the following are tangible benefits except ________.

Decreased flexibility

Small projects do not have any risk.

False

The baseline project plan has all of the primary objectives except ________.

Helps provide the budget

Which type of project should companies not have too many of?

High risk

Which part of the baseline project report contains an outline of the recommended course of action?

Introduction

Which of the following is NOT an example of a system description?

Management issues

Which feasibility is concerned with the project attaining its desired objectives?

Operational feasibility

Which of the following is an example of a procurement IS cost?

Organizational disruptions

All of the following are part of project planning except ________.

Organizing the team

The following is NOT an example of a type of feasibility study.

Resource feasibility

Each organization has to decide its acceptable project mix of ________.

Risks

________ need to be managed in order to be minimized.

Risks

Which of the following is NOT included in the feasibility assessment?

System alternatives

Which of the following is NOT an example of a recurring cost?

System conversion

Which of the following is NOT a consideration during the assessing technical feasibility stage?

System cost

The ________ outlines possible alternative solutions.

System description

Who is typically responsible for performing the PIP process?

Systems analyst

Who must review the baseline project plan before it moves to the next phase in the SDLC?

The users, managers, and development group

Which term below means that money available today is worth more than the same amount tomorrow?

Time value of money

Building an economic case for a project is an open ended activity.

True

Development of an executive support system is an example of risky project.

True

For risker projects, the return is typically greater.

True

When projects are across departments with different objectives, it may be difficult to get parties to agree on the direction of the project.

True

What makes all projects feasible?

Unlimited resources and infinite time

Which of the following is NOT a potential consequence of not managing risks?

Unqualified project management

Which of the following is NOT a guideline for better cost estimation?

Update estimates at the end of the project

Which of the following is NOT a question asked to determine if project initiation and planning has ended and analysis has begun?

Who is going to pay for the PIP?

Which of the following is NOT an outcome after a presenter has participated in a walk-through of the product?

Disapproval and removal of the work product

Which of the options below means the organization has the ability to build the requested system?

Technical Feasibility

Which of the following is NOT a role in a walk-through meeting?

Treasurer

All of the following are included in the baseline project report except ________.

Conclusion

________ is/are the rate at which money can be borrowed.

Cost of capital

Which of the following is NOT a part of project initiation?

Creating a project budget

A project with high risk may not be conducted.

False

Which of the following is a guideline for presentation design in making an effective presentation?

Keep it simple

All of the following are categories of feasibility except ________.

Scope

Which feasibility category deals with identifying financial benefits associated with the project?

Economic

What of the following is NOT a purpose for a baseline project plan?

Eliminate risks

Which of the following is an example of a tangible benefit?

Error reduction in data entry

A common legal and contractual development in new application development is ________.

Expanding software licenses

The more complex organizational settings are for projects, the less time it takes for analysis because the company has more resources.

False