IST 445

process

1. A __ is a series of actions directed toward a particular result.

defining activities

1. What is the FIRST process in planning a schedule?

project integration management

1. What is the main concept of Chapter 4?

a shortage of qualified personnel

1. What is the top reason for global outsourcing of IT service?

information

1. Which of the following is not part of the three-sphere model for systems management?

planning schedule management

1. Which of the following processes involves determining the policies, procedures, and documentation that will be used for planning, executing, and controlling the project schedule?

scope

1. Which term refers to all the work involved in creating the products of a project, and the processes used to create them?

cost

1. ____ is a resource sacrificed or foregone to achieve a specific objective or something given up in exchange.

scope

1. ____ refer(s) to all the work involved in creating the products of the project and the processes used to create them.

templates

10. Many people use ___ to have a standard format for preparing various project management documents.

wbs

10. Project management software helps you develop a ___, which serves as a basis for creating Gantt charts, assigning resources, and allocating tasks.

project management professional

10. What is the name of one of the popular certifications provided by the Project Management Institute?

expert judgment

10. What tool and technique is used for all processes of project integration management?

critical chain scheduling

10. ___ is a method of scheduling that considers limited resources when creating a project schedule and includes buffers to protect the project completion date.

e-procurement

10. ____ is a term used to describe various procurement functions that are now done electronically.

scrum

10. ____ is the leading agile development method.

ten

2. How many knowledge areas are there (assume PMBOK ed 5)?

activity attributes

2. Predecessors, successors, logical relationships, leads and lags, resource requirements, constraints, imposed dates, and assumptions are all examples of ___:

validation

2. Scope ___ is often achieved by a customer inspection and then sign-off on key deliverables.

resource allocation

2. What is the last step in the four-stage planning process for selecting IT projects?

a. To complete a project within an approved budget.

2. What is the main goal of project cost management?

lower cost of capital

2. Which of the following is not a potential advantage of using good project management?

symbolic

2. Which of the four frames of organizations addresses how meetings are fun, employees' dress codes, and expected work hours?

interviews

2. Which tool or technique for collecting requirements is often the most expensive and time consuming?

finish to start

2. You cannot start editing a technical report until someone else completes the first draft. What type of dependency does this represent>

accessing skills and technologies

2. Your organization hired a specialist in a certain field to provide training for a short period of time. Which reason for outsourcing would this example fall under?

executing

2. ___ processes include coordinating people and other resources to carry out project plans and create the projects, services, or results of the project or phase:

wbs

3. A ___ is a deliverable-oriented grouping of the work involved in a project that defines its total scope.

project

3. A ___ is a temporary endeavour undertaken to create a unique product, service, or result

discretionary

3. As the project manager for a software development project, you are helping to develop the project schedule. You will decide that writing code for a system should not start until users sign off on the analysis work. What type of dependency is this?

-5%

3. If a company loses $5 for every $100 in revenue for a certain product, what is the profit margin for that product?

planning procurement management

3. In which project procurement management process is an RFP often written?

matrix

3. Personnel in a ___ organizational structure often report to two or more bosses:

project charter

3. This document formally recognizes the existence of a project and provides direction on the project's objectives and management:

a tracking gantt chart

3. What type of diagram shows planned and actual project schedule information?

directive

4. A new government law requires an organization to report data in a new way. Which of the following categories would include a new information system project to provide this data?

an activity

4. An element of work normally found on the WBS that has an expected duration, cost and resource requirements is known as:

60

4. An item you need for a project has a daily lease cost of $200. If you decide to purchase the item, the investment cost is $6,000 and the daily cost is $100. After how many days will the lease cost be the same as the purchase cost?

wbs

4. Project management software helps you develop a __, which serves as a basis for creating Gantt charts, assigning resources, and allocating costs.

control

4. Project work is most successful in an organizational culture where all of the following characteristics are important except:

profits

4. Revenues minus expenditures is the definition of:

executing

4. The process phase that includes coordinating people and other resources to carry out project plans and create the products, services, or results of the project or phase is known as:

a. Developing a project charter b. Developing a project management plan c. Directing and managing project execution d. Monitoring and controlling project work e. Performing integrated change control f. Closing a project or phase

4. There are many processes in integration management. These are the main processes that apply:

mind mapping

4. What approach to developing a WBS involves writing down or drawing ideas in a nonlinear formation?

projects involve little uncertainty

4. Which of the following is not an attribute of a project?

technical

4. You cannot start editing a technical report until someone else completes the first draft. What type of dependency does this represent?

deliverable

5. A ___ is a product or service, such as a technical report, a training session, or hardware, produced or provided as part of a project.

planning

5. A work breakdown structure (WBS), project schedule, and cost estimates are outputs of which process?

2

5. Assume that you have a project with major categories called planning, analysis, design, and testing. What level of the WBS would these items fall under?

it is ahead of schedule and over budget

5. If a project is halfway completed and its schedule performance index is 110% and its cost performance index is 95%, how is it progressing?

20%

5. If estimates for total discounted benefits for a project are 120,000 and total discounted costs are 100,000, what is the estimated return on investment (ROI)?

duration

5. The actual amount of time worked on an activity plus elapsed time___

wbs dictionary

5. What document describes detailed information about each WBS item?

meeting communication goals (triple constraint=scope, time, cost)

5. Which of the following is not part of the triple constraint of project management?

business case

5. Which of the following outputs is often completed before initiating a project?

project charter

6. A ___ is a document that formally recognizes the existence of a project and provides direction on the project's objectives and management.

planning

6. A work breakdown structure, project schedule, and cost estimates are outputs of the ___ process.

cost plus fixed free CPFF

6. The ____ is the point at which the contractor assumes total responsibility for each additional dollar of contract cost.

effort

6. The number of workdays or work hours required to complete a task ____.

scope creep

6. What is the "tendency for a project to keep getting bigger" known as?

white diamond

6. What symbol on a Gantt chart represents a slipped milestone?

A product life cycle is the same as a project life cycle.

6. Which of the following statements is false?

project management

6. ___ is the application of knowledge, skills, tools, and techniques to project activities to meet project requirements.

proposal

7. If your college or university wanted to get information from potential sellers for providing a new sports stadium, what type of document would be required of the potential seller?

integration

7. Initiating involves developing a project charter, which is part of the project ___ management knowledge area.

strategic, tactical

7. Project portfolio management addresses ___ goals of an organization, while project management addresses ___ goals:

gantt chart

7. Which of the following items is not normally included in a project charter?

systems development life cycle

7. Which of the following terms describes a framework of the phases involved in developing information systems?

short

8. Buyers often prepare a ___ list when selecting a seller to make the process more manageable.

validation

8. Scope ____ is often achieved by a customer inspection and then sign-off on key deliverables.

program

8. Several application development projects done for the same functional group might best be managed as part of a ___

diverse

8. The nature of IT projects is different from projects in many other industries because they are very ___.

configuration management

8. ___ ensures that the descriptions of the project's products are correct and complete.

monitoring and controlling

8. ___ involves measuring progress toward project objectives and taking corrective actions.

critical path method

8. ____ is a network diagramming technique used to predict total project duration.

weighted scoring model

9. A proposal evaluation sheet is an example of a(n)____

offshoring

9. What term describes an organization's acquisitions of goods and services from an outside source in another country?

IT hiring managers reported that project management certification did not affect starting pay.

9. Which of the following is not true?

deliverable

A product of service, such as a technical report, a training session, or hardware, produced or provided as part of a project is the definition of a:

Project

What is a temporary endeavour undertaken to create a unique product, service or result known as?

Project Management

What is the application of knowledge, skills, tools and techniques to project activities to meet project requirements?