ITPM Chapter 4 Exam 2

Which process involves working with stakeholders to create the document that formally authorizes a project? A. Developing the project charter B. Developing the preliminary project scope statement C. Developing the project management plan D. Performing integrated change control

A. Developing the project charter

What is the majority of time on a project is usually spent on? A. execution B. planning C. closing D. monitoring and controlling

A. execution

What document used to coordinate all project planning documents and help guide a project's execution and control? A. project management plan B. statement of work C. scope statement D. business case

A. project management plan

Which process includes defining project scope, benefits, and constraints? A. project planning B. business area analysis C. resource allocation D. information technology strategy planning

A. project planning

Which section of the project plan lists the planned dates for completing key deliverables? A. schedule B. closing C. budget D. objectives

A. schedule

What is the first step in the planning process? A. tie the information technology strategic plan to the organization's overall strategic plan B. perform a business area analysis C. start defining potential IT projects in terms of their scope, benefits, and constraints D. choose which projects to do and assigning resources to work on them

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

Which section of the project management plan provides the planned cost of deliverables? A. objectives B. budget C. risk D. technical

B. budget

What term is used for benefits minus costs? A. cost of capital B. cash flow C. discount factor D. opportunity cost of capital

B. cash flow

Which information is included in a business case? A. business need for the project B. relevant government or industry standards C. project objective, high-level requirements, and time and cost goals D. policies, procedures, guidelines, and systems that influence a project's success

C. project objective, high-level requirements, and time and cost goals

Which term is used for a formal, documented process that describes when and how official project documents may be modified, the people authorized to make modifications, and the paperwork required for these changes? A. WBS B. project charter C. performance report D. change control system

D. change control system