IT PM Midterm

In a weighted scoring model, what percent must the sum of the weights of all the criteria total?

100

Which is recommended for the creation of a good WBS?

A unit of work should appear at only one place in the WBS.

Which of the following questions reflects the strategic goals of project portfolio management?

Are we investing in the right areas?

During which approach do team members first identify as many specific tasks related to the project as possible and then aggregate the specific tasks and organize them into summary. activities, or higher levels in the WBS?

Bottom-Up

Select an example of external stakeholders for an organization

Competitors

Project _________ management consists of preparing and managing the budget for a project.

Cost

Which term refers to a product or service, such as a technical report, a piece of hardware, or a segment of software code, produced or provided as part of a project?

Deliverable

What are new requirements imposed by management, government, or some external influence referred to as?

Directives

Which of the following refers to a set of principles that guides decision making based on personal values of what is considered right and wrong?

Ethics

A difference between operations and projects is that operations end when their objectives have been reached, whereas projects do not.

False

A project manager's primary role is to provide the funding for a project

False

A work package represents one component of the product that the project aims to deliver.

False

After defining project activities, the next step in project schedule management is developing the schedule.

False

An organization's information technology project selection process should guide the strategic plan.

False

Deliverables are only product-related, such as a piece of hardware or software.

False

In a critical path analysis, the shortest path is what drives the completion date for the project.

False

Initiating and closing tasks are usually the longest and require the most amount of resources and time.

False

Initiating processes are not required to end a project.

False

It is much more expensive to make major changes to a project during the earlier phases.

False

It is necessary that IT project managers have prior technical experience in creating and managing IT products.

False

Many projects fail because of unclear requirements and expectations, so starting with a payback analysis makes a lot of sense.

False

Project scope statements must include the project boundaries, constraints, and assumptions.

False

The organization should complete low-priority projects before high-priority ones, if the low-priority ones take less time.

False

A major element of good practice concerns __________, which addresses the authority and control for key IT activities in organizations, including IT infrastructure, IT use, and project management

IT governance

What processes include defining and authorizing a project or project phase?

Initiating

A work package is a task at the _____________ level of the WBS.

Lowest

Which technique is used for creating a WBS uses branches radiating from a core idea to structure thoughts and ideas instead of writing down tasks in a list or immediately trying to create a structure for tasks?

Mind Mapping

__________ project work includes collecting, measuring, and disseminating performance information.

Monitoring

_________ refers to a set of shared assumptions, values, and behaviors that characterize the functioning of an organization.

Organizational culture

__________ is a project management methodology that defines 45 separate subprocesses and organizes these into eight process groups.

PRINCE2

The project cost management knowledge area maps to which process group through the activities of estimating costs and budget determination?

Planning

What is often the most difficult and unappreciated process in project management?

Planning

What processes include devising and maintaining a workable scheme to ensure that the project addresses the organization's needs?

Planning

___________________ involves determining long-term objectives by analyzing the strengths and weaknesses, studying opportunities and threats, predicting future trends, and projecting the need for new products and services.

Planning

A(n) ____________ is a temporary endeavor undertaken to create a unique product, service, or result.

Project

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

Project Management

________ involves coordinating all of the other project management knowledge areas throughout a project's life cycle.

Project integration management

Which goal distinguishes project management and portfolio management?

Project management addresses specific, short-term goals whereas portfolio management focuses on long-term goals.

________________ refer to "conditions or capabilities that must be met by the project or present in the product, service, or result to satisfy an agreement or other formally imposed specification."

Requirements

A(n) _____________ involves analyzing a company's strengths, weaknesses, opportunities, and threats, and is used to aid in strategic planning.

SWOT Analysis

The ____________________ includes the approved project scope statement and its associated WBS and WBS dictionary.

Scope Baseline

Which perspective of an organization focuses on different groups' roles and responsibilities in order to meet the goals and policies set by top management?

Structural frame

Which problem-solving approach requires defining the scope of a system, dividing it into its components, and then identifying and evaluating its problems, opportunities, constraints, and needs?

Systems analysis

In project management, the three limitations of scope, time, and cost are referred to as the

Triple Constraint

A dependency pertains to the sequencing of project activities or tasks.

True

A project's stakeholders include its customers, users, and suppliers

True

In project integration management, directing and managing project execution involves carrying out the project management plan by performing the activities included in it.

True

Initiating processes take place during each phase of a project.

True

Most colleges and universities have very strong functional organizations

True

Project managers and their teams must recognize the effects of any project on the interests and needs of the entire system or organization instead of focusing on the immediate concern of the project.

True

Project managers must have cooperation from people in other parts of the organization.

True

Scope refers to all the work involved in creating the products of the project and the processes used to create them.

True

The DMAIC (Define, Measure, Analyze, Improve, and Control) methodology of the Six Sigma projects, is used to improve an existing business process.

True

The project scope statement should reference supporting documents, such as product specifications that will affect what products are produced or purchased, or corporate policies, which might affect how products or services are produced.

True

Which term refers to the difference between planned and actual performance?

Variance

Creating the _____ involves subdividing the major project deliverables into smaller, more manageable components.

WBS

Which document contains a deliverable-oriented grouping of the work involved in a project that defines the total scope of the project?

Work Breakdown Structure

In an AOA network diagram, what occurs when two or more activities follow a single node?

bursts

Some projects have a senior manager called a(n) ____________________ who acts as a key advocate for a project.

champion

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?

change control system

"What is the project's budget?" This is an example of a project's _________ constraint.

cost

A(n) _________ for the project is the series of activities that determine the earliest time by which the project can be completed.

critical path

__________ is the number of workdays of work hours required to complete a task.

effort

In project schedule management, which process involves estimating the number of work periods that are needs to compete individual activities?

estimating activity durations

Which dependencies involve relationships between project and non-project activities?

external

Which technique involves doing activities in parallel that one would normally do in sequence?

fast tracking

Three general classifications of organizational structures are __________, project, and matrix.

functional

What is the main purpose of project plans?

guide project execution

What process group does the project integration management knowledge area map to through the activities of developing project charters?

initiating

______ involves identifying and managing the points of interaction between various elements of the project.

interface management

Project management ________ describe the key competencies that project managers must develop.

knowledge areas

What is the latest possible time an activity might begin without delaying the project finish date?

late start date

A(n) _______ describes how things should be done.

methodology

The ideal outcome of the _________________________ process group is to complete a project successfully by delivering the agreed-upon project scope within time, cost, and quality constraints.

monitoring and controlling

The project schedule management knowledge area maps to which process group through the activity of schedule control?

monitoring and controlling

The project scope management knowledge area maps to which process group through the activities of scope validation and scope control?

monitoring and controlling

___________________ is an organization's acquisition of goods and services from an outside source.

outsourcing

Which document recognizes the existence of a project and provides direction on the project's objectives and management?

project charter

What document used to coordinate all project planning documents and help guide a project's execution and control?

project management plan

The ___________ of project management includes quality, scope, time, and cost constraints.

quadruple constraint

___________ is the tendency for project scope to keep getting bigger and bigger.

scope creep

What process involves formal acceptance of the completed project scope by the stakeholders?

scope validation

The _______ frame of the organization is the one that is usually depicted in an organizational chart.

structural

The _______ frame of an organization relates to the company's culture.

symbolic

A(n) _________________ is an overall model for thinking about things as systems

systems philosophy

The three spheres of systems management are business, organization, and _____.

technology

Which approach for constructing a WBS starts with the largest items of the project and breaks them into subordinate items?

top-down