13 Jan return on investment (ROI).

Week 2 quiz

Question 1. (TCO 2) Which of the following project management activities is associated with project initiation?

Estimating resources and creating a detailed resource plan

Describing project scope, alternatives, and feasibility

Establishing a relationship with the customer

Identifying and assessing risks

Closing down the project

Question 2. (TCO 2) Developing an understanding of the content and complexity of the project is the purpose of

developing a project charter activity of the project planning phase.

setting a Baseline Project Plan activity of the project planning phase.

determining project standards and procedures activity of the project planning phase.

describing the project scope, alternatives, and feasibility activity of the project planning phase.

closing down the project activity of the project planning phase.

Question 3. (TCO 2) The process of dividing the project into manageable tasks and logically ordering them to ensure a smooth evolution between tasks defines

task division.

work breakdown structure.

work structuring.

project division.

critical path scheduling.

Question 4. (TCO 2) The third phase of the project management process in which the plans created in the prior phases are put into action is

project planning.

project development.

project initiation.

project execution.

project close down.

Question 5. (TCO 2) Ensuring that all contractual terms of the project have been met is done during

conductingpostproject reviews.

closing the customer contract.

setting a baseline project plan.

communicating the project status.

project implementation.

Question 6. (TCO 2) A scheduling technique where the order and duration of the sequence of activities directly affect the completion date of a project refers to

sequencing strategy.

Gantt scheduling.

critical path scheduling.

activity scheduling.

task management.

Question 7. (TCO 2) Automated tools available to help you manage a development project are referred to as

diagram generators.

project management software.

systems development software.

desktop publishing software.

utility software.

Question 8. (TCO 2) Which of the following is one of the three primary activities associated with identifying and selecting IS development projects?

Preliminary investigation of the system problem or opportunity

Identification of potential development projects

Requirements determination

Generate alternative initial designs

Requirements structuring

Question 9. (TCO 2) The analysis technique that finds the amount of time required for the cumulative cash flow from a project to equal its initial and ongoing investment is referred to as

return on investment (ROI).

break-even analysis (BEA).

net present value (NPV).

future value (FV).

currency rate analysis (CRA).

Question 10. (TCO 2) A benefit derived from the creation of an information system that can be measured in dollars and with certainty is a(n)

intangible benefit.

qualitative benefit.

tangible benefit.

operational benefit.

profitable benefit.