Quiz 2

Which of the following is NOT a part of the project management process? Planning Initiating Executing Adjoining

Adjoining

Which option identifies the point at which benefits equal costs? Net present value Break-even analysis Time value of money Present value

Break-even analysis

Which of the following is NOT a feature of PERT? Uses optimistic estimate Uses pessimistic estimate Uses realistic estimate Calculates budget for a project

Calculates budget for a project

________ is the process of defining clear activities necessary to complete activities in a single project. Project planning Project initiation Baseline Business case

Project planning

Which document outlines all work required to complete the project? Baseline project plan Business plan Project scope document Feasibility document

Project scope document

Who must review the baseline project plan before it moves to the next phase in the SDLC? The Customers The CEO The IS Manager The uses, managers, and development group

The uses, managers, and development group

Which term below means that money available today is worth more than the same amount tomorrow? Cost benefit Discount rate Variable costs Time value of money

Time value of money

What is the term that describes the best estimate of a project's scope, benefits, cost, and resources? Management procedure Project charter Resource plan Baseline project plan

Baseline project plan

Which of the following is an example of an intangible cost? Hardware costs Labor costs Customer goodwill Employee training

Customer goodwill

A critical path refers to a sequence of task activities whose ________ and ________ directly affect the completion date of a project. Duration; network Order; network Task; sequence Order; duration

Order; duration

A ________ is a planned undertaking of a series of related activities to reach an objective that has a beginning and an end. Project Technique Data flow Methodology

Project

________ is the third phase of the project management process in which the plans created in the prior phases (project initiation and planning) are put into action. Project execution Project closure Project development Project planning

Project execution

Which feasibility category deals with identifying financial benefits associated with the project? Political Legal Economic Technical

economic

What of the following is NOT a purpose for a baseline project plan? Resources are more quantifiable Eliminate risks Decide if a project should be rejected A depository for information collected during initiation

Eliminate risks

A ________, which is conducted by the project manager, involves determining if the information system makes sense for the organization from an economic and operational standpoint. Tool Feasibility study Data flow Methodology

Feasibility Study

To construct the Gantt chart, a ________ is drawn for each activity that reflects its sequence and duration. Horizontal line Horizontal bar Vertical line Vertical bar

Horizontal bar

Which of the following is FALSE with respect to a task in a project plan? It can be done by one person only. It has a single and identifiable deliverable. It has a known method or technique. It has well-accepted predecessor and successor steps.

It can be done by one person only.

Getting projects completed through the effective utilization of resources is a ________ activity of a project manager. Management Risk management Change management Team management

Management

________ is a critical path scheduling technique used for controlling resources. Network programming Network diagramming Networking Network scheduling

Network diagramming

What makes all projects feasible? Unlimited resource and infinite time Limited scope A great budget A highly skilled project team

Unlimited resource and infinite time