SWM (201 - 250)

a

The main goal of the ____ process is to produce a cost baseline for measuring project performance and project funding requirements. a. cost budgeting c. cost control b. cost consolidation d. cost estimating

c

Project managers should focus on ____, since they can control them. a. sunk costs c. direct costs b. indirect costs d. intangible costs

d

Quality metrics are an output of project ____. a. cost management b. scope management c. integration management d. quality management

d

Since organizations depend on reliable information technology, there are also huge costs associated with ____. a. work time c. uptime b. technical planning d. downtime

c

____ helps you develop an accurate projection of a project's financial costs and benefits. a. Profit cycle costing c. Life cycle costing b. Financial costing d. Profit margin costing

d

____ use the actual cost of a previous, similar project as the basis for estimating the cost of the current project. a. Actual estimates c. Bottom-up estimates b. Parametric estimates d. Analogous estimates

b

____, with assistance from financial experts in their organizations, should create estimates of the costs and benefits of the project for its entire life cycle. a. Financial managers c. Budget managers b. Project managers d. System managers

d

____ includes the processes required to ensure that a project team completes a project within an approved budget. a. Cost budgeting c. Cost control b. Cost estimating d. Project cost management

c

____ involve estimating individual work items or activities and summing them to get a project total. a. Actual estimates c. Bottom-up estimates b. Parametric estimates d. Analogous estimates

a

A ____ is a document that includes details related to the identified project stakeholders. a. stakeholder register b. stakeholder list c. stakeholder directory d. stakeholder contact list

c

A ____ is a meeting held at the beginning of a project so that stakeholders can meet each other, review the goals of the project, and discuss future plans. a. kick-off party b. launch meeting c. kick-off meeting d. project launch meeting

c

A ____ is a time-phased budget that project managers use to measure and monitor cost performance. a. budget baseline c. cost baseline b. ledger d. cost line

c

A ____ is an approach to help increase the support of stakeholders throughout the project. a. stakeholder management plan b. stakeholder strategy c. stakeholder management strategy d. stakeholder management list

c

A ____ is done very early in a project or even before a project is officially started. a. budgetary estimate c. rough order of magnitude estimate b. definitive estimate d. final estimate

b

A ____ is used for making many purchasing decisions for which accurate estimates are required and for estimating final project costs. a. budgetary estimate c. rough order of magnitude estimate b. definitive estimate d. final estimate

a

A ____ is used to allocate money into an organization's budget. a. budgetary estimate c. rough order of magnitude estimate b. definitive estimate d. final estimate

c

A ____ provides an estimate of what a project will cost. a. budgetary estimate c. rough order of magnitude estimate b. definitive estimate d. final estimate

b

A(n) ____ might provide an estimate of $50 per line of code for a software development project based on the programming language the project is using, the level of expertise of the programmers, the size and complexity of the data involved, and so on. a. analogous cost estimate c. bottom-up estimate b. parametric model d. reserve analysis

b

An organization may initiate information technology projects for several reasons, but the most important reason is to support ____. a. financial security b. business objectives c. technological advances d. shareholders

b

If the cost estimate will be the basis for contract awards and performance reporting, it should be a ____ and as accurate as possible. a. budgetary estimate c. rough order of magnitude estimate b. definitive estimate d. final estimate

d

It is good practice to focus on the ____ of meetings. a. flow b. planning c. agenda d. results

d

Project management software highlights the critical path in ____ on a network diagram. a.blue c.green b.yellow d.red

c

The Standish Group's CHAOS studies reported an average cost overrun for unsuccessful IT projects range from 180 percent in 1994 to ____ percent in 2004. a. 28 c. 56 b. 43 d. 73

b

The ____ is often held after the business case and project charter are completed, but it could be held sooner, as needed. a. kick-off project b. kick-off meeting c. launch meeting d. launch project

b

The ____ process involves gaining stakeholder and customer acceptance of the final products and services and bringing the project, or project phase, to an orderly end. a. ending b. closing c. developing d. completing

c

The ____ provides a basis for creating the project schedule and performing earned value management for measuring and forecasting project performance. a. WSB b. project team analysis c. WBS d. project tool

c

The project communications management knowledge area maps to the ____ process group through the activity of information distribution. a. initiating b. planning c. executing d. monitoring and controlling

b

The project cost management knowledge area maps to the ____ process group through the activities of estimating costs and budget determination. a. initiating b. planning c. executing d. monitoring and controlling

a

The project management plan, project funding requirements, work performance data, and organizational process assets are inputs for the process of ____. a. controlling costs c. consolidating costs b. budgeting costs d. estimating costs

c

The project procurement management knowledge area maps to the ____ process group through the activities conducting procurements. a. initiating b. planning c. executing d. monitoring and controlling

d

The project procurement management knowledge area maps to the ____ process group through the activity of administering procurements. a. initiating b. planning c. executing d. monitoring and controlling

b

There are ____ main processes involved in project integration management. a. three b. six c. ten d. fifteen

c

Three separate surveys of software project cost overruns found that the average cost overrun for all of the projects in their survey samples (not just unsuccessful projects) were ____ percent. a. 13-14 c. 33-34 b. 23-24 d. 43-44

b

Tom DeMarco, a well-known author on software development, suggests ____ reasons for the inaccuracies of many information technology project cost estimates and some ways to overcome them. a. three c. five b. four d. six

b

____ allow for future situations that are unpredictable. a. Contingency reserves c. Known unknowns b. Management reserves d. Indirect reserves

a

____ allow for future situations that may be partially planned for. a. Contingency reserves c. Unknown unknowns b. Management reserves d. Direct reserves

d

____ are costs that are not directly related to the products or services of the project, but are indirectly related to performing the project. a. Intangible costs c. Direct costs b. Tangible costs d. Indirect costs

c

____ are those costs that an organization can easily measure in dollars. a. Intangible costs c. Tangible costs b. Direct costs d. Indirect costs

a

____ involves allocating the overall cost estimate to individual work items to establish a baseline for measuring performance. a. Determining the budget c. Controlling costs b. Consolidation of costs d. Estimating costs

c

____ involves coordinating all planning efforts to create a consistent, coherent document. a. Developing the project charter b. Developing the preliminary project scope statement c. Developing the project management plan d. Directing and managing project execution

d

____ involves developing an approximation or estimate of the costs of the resources needed to complete project. a. Determining the budget c. Controlling costs b. Consolidation of costs d. Estimating costs

a

____ 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. Directing and managing project execution

d

____ is a method for determining the estimated annual costs and benefits for a project and the resulting annual cash flow. a. Life cycle costing c. Cost estimating b. Profit margin analysis d. Cash flow analysis

d

____ is a monitoring and controlling process. a. Develop project team b. Request seller responses c. Risk response planning d. Integrated change control

b

____ is a project performance measurement technique that integrates scope, time, and cost data. a. Cost baseline c. Constructive cost modeling b. Earned value management d. Parametric modeling

c

____ is an iterative software development process that focuses on team productivity and delivers software best practices to all team members. a. RAP b. RIP c. RUP d. ROP

b

____ is the ratio of revenues to profits. a. Profit c. Cost structure b. Profit margin d. Cost margin

a

____ should be forgotten. a. Sunk costs c. Direct costs b. Indirect costs d. Intangible costs

a

____ should serve as the foundation for deciding which projects to pursue. a. Strategic planning b. Project managers c. Successful past projects d. Employee abilities

a

____ the project involves taking the actions necessary to ensure that activities in the project plan are completed. a. Executing b. Initiating c. Starting d. Coordinating