Directing and managing project execution involves carrying out the project management plan by performing the activities included in it. |
*a. True b. False |
Many people consider project integration management the key to overall project success. |
*a. True b. False |
Project integration management does not include interface management. |
a. True *b. False |
The number of interfaces can increase exponentially as the number of people involved in a project increases. |
*a. True b. False |
Project integration management must occur just within the context of a particular project. |
a. True *b. False |
Project managers should never be involved in strategic planning and project selection. |
a. True *b. False |
Strategic planning involves determining long-term objectives by analyzing the strengths and weaknesses of an organization, studying opportunities and threats in the business environment, predicting future trends, and projecting the need for new products and services. |
*a. True b. False |
An organization’s information technology project selection process should guide the strategic plan. |
a. True *b. False |
Information systems can help an organization support a strategy of being a low-cost producer. |
*a. True b. False |
Selecting projects is considered an exact science. |
a. True *b. False |
As projects progress, the organization must reevaluate the need, funding, and will for each project to determine if the project should be continued, redefined, or terminated. |
*a. True b. False |
Opportunities and directives are essentially the same thing. |
a. True *b. False |
Many problems and directives must be resolved quickly. |
*a. True b. False |
The organization should complete low-priority projects before high-priority ones, if the low-priority ones take less time. |
a. True *b. False |
You can use the NPV function in Microsoft Access to calculate the NPV quickly. |
a. True *b. False |
Net present value and cash flow mean the same thing. |
a. True *b. False |
An annual discount factor is a multiplier for each year based on the discount rate and year. |
*a. True b. False |
The ROI is always positive. |
a. True *b. False |
Payback period is the amount of time it will take to recoup, in the form of net cash inflows, the total dollars invested in a project. |
*a. True b. False |
The first step in creating a weighted scoring model is to assign a weight to each criterion. |
a. True *b. False |
A project charter typically does not authorize the project manager to use organizational resources to complete the project. |
a. True *b. False |
Some people might use a contract in place of a charter. |
*a. True b. False |
Many projects fail because of unclear requirements and expectations, so starting with a project charter makes a lot of sense. |
*a. True b. False |
Project management plans document project planning assumptions and decisions regarding choices. |
*a. True b. False |
The introduction or overview of a project must only include a list of definitions and acronyms. |
a. True *b. False |
A stakeholder analysis should be part of the overall project plan. |
a. True *b. False |
The key deliverables section of the project management plan should describe the quality expectations for the product deliverables. |
*a. True b. False |
A commonsense approach to improving the coordination between project plan development and execution is to follow this simple rule: Those who will do the work should not plan the work. |
a. True *b. False |
Many organizations have found that large information technology projects require experienced general managers who understand the business and application area of the technology, not the technology itself. |
*a. True b. False |
All projects can benefit from using some type of project management information system to coordinate and communicate project information. |
*a. True b. False |
There are ____ main processes involved in project integration management. |
b. six |
____ involves working with stakeholders to create the document that formally authorizes a project. |
a. Developing the project charter |
____ involves coordinating all planning efforts to create a consistent, coherent document. |
c. Developing the project management plan |
The outputs of ____ include change request status updates, project management plan updates, and project document updates. |
d. performing integrated change control |
Many people are familiar with SWOT analysis—analyzing Strengths, Weaknesses, Opportunities, and Threats—which is used to aid in ____. |
c. strategic planning |
The ____ step in the planning process is to tie the information technology strategic plan to the organization’s overall strategic plan. |
a. first |
In the ____ information technology planning stage, the analysis outlines business processes that are central to achieving strategic goals and helps determine which ones could most benefit from information technology. |
b. Business Area Analysis |
In the ____ stage, organizations tie information technology strategy to mission and vision of organization and identify key business areas. |
d. Information Technology Strategy Planning |
In the ____ stage of selecting information technology projects, organizations define project scope, benefits, and constraints. |
a. Project Planning |
In the ____ stage of selecting information technology projects, organizations select information technology projects. |
c. Resource Allocation |
Research shows that ____ is the number one reason cited for why organizations invest in information technology projects. |
c. supporting explicit business objectives |
Author ____, who developed the concept of the strategic value of competitive advantage, has written several books and articles on strategic planning and competition. |
b. Michael Porter |
Projects that address ____ are much more likely to be successful because they will be important to the organization. |
c. broad organizational needs |
One method for selecting projects based on ____ is to determine whether they first meet three important criteria: need, funding, and will. |
a. broad organizational needs |
____ are new requirements imposed by management, government, or some external influence. |
d. Directives |
____ analysis is a method of calculating the expected net monetary gain or loss from a project by discounting all expected future cash inflows and outflows to the present point in time. |
b. Net present value |
The first step in determining the NPV is to ____. |
a. determine the estimated costs and benefits for the life of the project and the products it produces |
In the mathematical formula for determining the NPV, the variable n is ____. |
b. the last year of the cash flow |
The ____ is the minimum acceptable rate of return on an investment. |
d. required rate of return |
You can determine a project’s ____ by finding what discount rate results in an NPV of zero for the project. |
a. internal rate of return (IRR) |
In a weighted scoring model, the sum of all of the criteria’s weights must total ____ percent. |
c. 100 |
A(n) ____ is a methodology that converts an organization’s value drivers, such as customer service, innovation, operational efficiency, and financial performance, to a series of defined metrics. |
b. balanced scorecard |
A(n) ____ is a document that formally recognizes the existence of a project and provides direction on the project’s objectives and management. |
d. project charter |
A(n) ____ is a document that describes the products or services to be created by the project team. |
b. statement of work |
____ support contributes the most to successful information technology projects. |
c. Executive |
A(n) ____ is a document used to coordinate all project planning documents and help guide a project’s execution and control. |
a. project management plan |
The ____ section of the project plan should describe the major project functions and activities and identify those individuals who are responsible for them. |
c. project responsibilities |
The ____ section of the project management plan describes how to monitor project progress and handle changes. |
b. project controls |
The ____ section of the project management plan describes specific methodologies a project might use and explains how to document information. |
d. technical processes |
The project schedule information section of the project management plan might include ____. |
c. a detailed schedule |
The majority of time on a project is usually spent on ____, as is most of the project’s budget. |
a. execution |
Most systems analysts begin their careers as ____. |
d. programmers |
On large projects, many project managers say that ____ percent of the job is communicating and managing changes. |
c. 90 |
____ should result in improvements in project performance. |
a. Corrective actions |
____ provide information on how project execution is going. |
a. Performance reports |
Which of the following is an important input to the integrated change control process? |
b. Work performance information |
A(n) ____ is a formal, documented process that describes when and how official project documents may be changed. |
d. change control system |
A(n) ____ is a formal group of people responsible for approving or rejecting changes to a project. |
b. CCB |
____ ensures that the descriptions of the project’s products are correct and complete. |
c. Configuration management |
____ tools track the execution of business process flows and expose how the state of supporting IT systems and resources is impacting end-to-end business process performance in real time. |
a. BSM |
______________________________ involves coordinating all of the other project management knowledge areas throughout a project’s life cycle. |
Correct Answer(s): a. Project integration management |
335. Chapter 4: Project Integration Management Question CO #2 |
Correct Answer(s): a. project integration |
336. Chapter 4: Project Integration Management Question CO #3 |
Correct Answer(s): a. Interface management |
337. Chapter 4: Project Integration Management Question CO #4 |
Correct Answer(s): a. project charter |
338. Chapter 4: Project Integration Management Question CO #5 |
Correct Answer(s): a. planning |
339. Chapter 4: Project Integration Management Question CO #6 |
Correct Answer(s): a. strategic |
340. Chapter 4: Project Integration Management Question CO #7 |
Correct Answer(s): a. new product development |
341. Chapter 4: Project Integration Management Question CO #8 |
Correct Answer(s): a. Problems |
342. Chapter 4: Project Integration Management Question CO #9 |
Correct Answer(s): a. Opportunities |
343. Chapter 4: Project Integration Management Question CO #10 |
Correct Answer(s): a. prioritize |
344. Chapter 4: Project Integration Management Question CO #11 |
Correct Answer(s): a. cost of capital |
345. Chapter 4: Project Integration Management Question CO #12 |
Correct Answer(s): a. discount rate |
346. Chapter 4: Project Integration Management Question CO #13 |
Correct Answer(s): a. ROI b. Return on investment c. Return on investment (ROI) |
347. Chapter 4: Project Integration Management Question CO #14 |
Correct Answer(s): a. Goal Seek |
348. Chapter 4: Project Integration Management Question CO #15 |
Correct Answer(s): a. weighted scoring model |
349. Chapter 4: Project Integration Management Question CO #16 |
Correct Answer(s): a. point model |
350. Chapter 4: Project Integration Management Question CO #17 |
Correct Answer(s): a. environmental factors |
351. Chapter 4: Project Integration Management Question CO #18 |
Correct Answer(s): a. Organizational process assets |
352. Chapter 4: Project Integration Management Question CO #19 |
Correct Answer(s): a. WBS b. work breakdown structure c. work breakdown structure (WBS) |
353. Chapter 4: Project Integration Management Question CO #20 |
Correct Answer(s): a. SPMP b. Software Project Management Plan c. Software Project Management Plan (SPMP) |
354. Chapter 4: Project Integration Management Question CO #21 |
Correct Answer(s): a. experts |
355. Chapter 4: Project Integration Management Question CO #22 |
Correct Answer(s): a. Monitoring |
356. Chapter 4: Project Integration Management Question CO #23 |
Correct Answer(s): a. baseline |
357. Chapter 4: Project Integration Management Question CO #24 |
Correct Answer(s): a. action |
358. Chapter 4: Project Integration Management Question CO #25 |
Correct Answer(s): a. Integrated change control |
621 Chapter 4
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