Deck 2: Project Management

Full screen (f)
exit full mode
Question
_____ is the process of examining the technical, economic, and organizational pros and cons of developing a new system.

A) Committee approval
B) Feasibility analysis
C) Functionality determination
D) Risk analysis
E) System request
Use Space or
up arrow
down arrow
to flip the card.
Question
Peter is the vice president of accounting and finance. For the past year he has solely provided the resources necessary to get the just-in-time accounting system through the planning and analysis phases of the SDLC. Other managers have openly stated that the JIT system is not worth the investment. The SEC has just placed Peter under investigation for insider trading and the board has asked him to resign. This project is failing _____ feasibility analysis.

A) organizational
B) champion
C) functional
D) economic
E) technical
Question
Examples of development costs include all EXCEPT _____.

A) consultant fees
B) hardware expenses
C) salaries for the project team
D) software licensing fees
E) none of these
Question
Which of the following factors would tend to increase the technical risk of a project?

A) familiarity with the technology
B) large project size
C) creating an application that is familiar to the users and analysts
D) small project size
E) the number of other applications under development in the firm
Question
Operational costs that are examined during feasibility analysis include _____.

A) data conversion cost
B) development training
C) user training
D) equipment upgrades
E) initial consultant fees
Question
The project champion is a(n)_____.

A) high-level IS executive who is usually but not always the project sponsor who initiated the system request
B) mid-level IS manager who has the responsibility of controlling and directing the development process
C) high-level non-IS executive who is usually but not always the project sponsor who initiated the system request
D) senior member of the user group who participated in the RAD sessions
E) none of these
Question
The level of acceptance by the users of a system and the extent to which the new system will be incorporated into the operations of the organization are expressed in the _____ feasibility.

A) economic
B) familiarity
C) functional
D) organizational
E) technical
Question
Feasibility analysis may be defined as a(n)_____.

A) assessment of ability of the ultimate users of the system to accept the system and incorporate it into the ongoing operations of the organization
B) determination of the extent to which the system can be technically designed, developed, and installed
C) guide to determining whether to proceed with a project
D) identification of only the costs and benefits associated with the project
E) none of these
Question
The calculation that measures the amount of money an organization receives in return for the money it spends is called the _____.

A) cash flow
B) net present value
C) total investment
D) tangible costs
E) return on investment
Question
_____ value can be quantified during the project initiation phase.

A) Expected
B) Tangible
C) Intangible
D) Real
E) Salvage
Question
_____ is the process of planning and controlling the development of a system within a specified time frame at a minimum cost with the right functionality.

A) Project management
B) Semantic timeline
C) Task identification
D) Time estimation
E) Work plan
Question
The four elements commonly found on a system request are _____.

A) economic, organizational, technical, and operational feasibility
B) project sponsor, business need, business requirements, and business value
C) risk analysis, familiarity, project size, and cost-benefit analysis
D) training, software, installation, and equipment
E) upgrades, licensing fees, repairs, and charges
Question
In order to approve a system request, the approval committee must know

A) all of the details of the ultimate system to be developed.
B) the high level functionality of the system.
C) what the screens and reports will look like in the final system.
D) who the end users of the system will be and exactly how they will use it in their jobs.
E) all of these.
Question
Suppose a proposed new financial reporting system for the AMF Biotech Corporation must be completed by the start of the next fiscal year in order to comply with new government regulations. This information should be included as part of the ____________ section of the system request.

A) business need
B) business value
C) business requirements
D) special issues or constraints
E) none of these
Question
If end users feel fearful or threatened by a proposed new system, this factor should be included as a part of the _____.

A) economic feasibility assessment
B) organizational feasibility assessment
C) system proposal
D) system request
E) technical feasibility assessment
Question
Which of the following factors could be included in a technical risk assessment?

A) Cost of a new Web server
B) Cost of hiring a Webmaster
C) No previous experience with Java within the IS department
D) Some fear of job loss among order entry department personnel
E) all of these
Question
The person who identifies the business value that can be gained from using information technology is called the _____.

A) manager
B) project sponsor
C) staff member
D) system analyst
E) system request
Question
_____ feasibility is determined by identifying costs and benefits associated with the system.

A) Economic
B) Functional
C) Organizational
D) Intangible
E) Technical
Question
Explaining "the business capabilities of the information system" is written in the _____ section of the system request.

A) business need
B) business value
C) business requirements
D) project need
E) special issues
Question
Most system requests include all of the following except _____.

A) business need
B) business requirements
C) project sponsor
D) project manager
E) business value
Question
Function points are used to measure the estimated _____ of a project.

A) complexity
B) effort required
C) program size
D) time required
E) TUFP
Question
To identify the tasks for a work plan the project manager can _____.

A) control and direct the project
B) estimate the size, staff the project, and remember technical skills
C) establish a possible reporting structure
D) list the four phases of the SDLC and the steps that occur in each
E) set conservative numbers for the project software
Question
Familiarity with the application and technology are major factors considered under economic feasibility.
Question
Happy customers is a tangible cost that can be included in a cost-benefit analysis.
Question
A normal system with 400 unadjusted function points would have _____ adjusted function points when the shortcut method is use to determine the complexity of the project.

A) 200
B) 260
C) 400
D) 540
E) 600
Question
A critical success factor for project management is to _____.

A) create a work plan
B) follow the three steps of project management
C) identify most project tasks
D) manage the hundreds of tasks
E) start with a realistic assessment of the work
Question
The three steps of project management are _____.

A) controlling the project, directing the project, and creating the work plan
B) creating the work plan, staffing the project, and controlling and directing the project
C) directing the project, creating the work plan, and naming the tasks
D) naming the tasks, creating the work plan, and completing the deliverables
E) setting the start date, estimating the time, and reading the actual time
Question
Project managers can develop task lists for a project with the help of _____.

A) established methodologies
B) system proposals
C) system requests
D) user application hardware
E) user requirements
Question
Diane needs to create a work plan for an upcoming systems project. She must first _____.

A) estimate the hours and request deliverables
B) identify the tasks and estimate the time needed to complete them
C) initiate the project and create the project management assessment
D) make tradeoffs and set conservative numbers
E) timebox the completion date
Question
The _____ is a dynamic schedule that logs and monitors all of the tasks that need to be accomplished for the length of the project.

A) margin of error
B) project manager
C) project objective
D) timebox
E) work plan
Question
Kathryn has little experience estimating the time it will take to complete a systems project. She has just completed the planning phase of the project. What method should she use to estimate the time required to build the system?

A) adjusted project complexity
B) function points
C) industry standards
D) Microsoft Project
E) more complex approach
Question
Assume a systems development project effort calculation determines that the system will require 240 function points. If the developers choose to implement this system in the C programming language, approximately 31,200 lines of code will have to be written. If the developers choose Visual Basic to implement the system, the number of lines of code will be _____.

A) about the same
B) can't tell without more information
C) exactly the same
D) much greater
E) much less
Question
The process of assigning values for the time and effort needed to perform a system project is called _____.

A) analysis
B) estimation
C) identifying
D) planning
E) preparation
Question
The most significant challenge to project managers is _____.

A) lack of project management training
B) no one really understands how to manage a complex systems development project
C) the lack of tools that can assist in controlling project progress
D) unrealistic schedule demands by project sponsors
E) all of these
Question
Adding people to a project team in order to speed up total development time _____.

A) is a standard task in timeboxing
B) is a useful way to meet a tight deadline
C) may actually increase total development time
D) simplifies communication within the team
E) none of these
Question
A(n) ____________ is a measure of program size based on the number and complexity of inputs, outputs, queries, files, and program interfaces.

A) function point
B) line of code
C) project plan
D) standard module
E) workplan
Question
To identify the costs and benefits related to the computer technology for a project the systems analyst should rely on the business users.
Question
Traditional Work Breakdown Structures tend to

A) focus on the design of the system as oppose to the needs of the current phase and iteration
B) force too many levels of detail early on for large project and they tend to allow too few level of detail for small projects
C) be too specific for the project and difficult to compare across projects
D) all of these
E) none of these
Question
When using a function point estimation worksheet, there are 14 factors that impact the complexity of a project. These factors include _____.

A) data communications, time tradeoffs, and estimated effort
B) end-user efficiency, data communications, and reusability
C) performance and programming language
D) reports printed and PCA
E) x-rays, extensibility, and operational conversion
Question
Cost benefit analysis identifies the financial costs and benefits associated with a systems project.
Question
Economic feasibility focuses on whether the system can be built by examining the risks associated with the users' and analysts' familiarity with the application, familiarity with the technology, and project size.
Question
A limitation of a formal cost-benefits analysis is that it contains the costs and benefits for just one year.
Question
The feasibility analysis helps the approval committee determine whether or not to proceed with a project.
Question
It is not necessary to assign dollar values to intangible costs and benefits; it is almost impossible to come up with reasonable numbers for all of the costs and benefits that haven't happened yet.
Question
Development costs that are examined during feasibility analysis include costs for software licenses and software upgrades.
Question
A high return on investment (ROI) results when benefits far outweigh the cost of a new project or information system.
Question
User participation should be promoted throughout the development process to make sure that the final system will be accepted and used.
Question
Technical feasibility focuses on whether the system can be built by examining the risks associated with the application.
Question
Project size is an important consideration in technical feasibility. Larger projects create more risk, both because they are more complicated to manage and because there is a greater chance that some important system requirements will be overlooked or misunderstood.
Question
Economic feasibility includes an assessment of financial impact in four categories: (1) development costs, (2) operational costs, (3) tangible benefits, and (4) intangible costs and benefits.
Question
Organizational feasibility can be evaluated by conducting a(n) stakeholder analysis.
Question
Lauren, a systems analyst, is concerned that she and the end-users at her company do not have experience with a new scanner technology that will soon be implemented. This identified risk falls under economic feasibility.
Question
How well a system is accepted by the users and incorporated into the ongoing operations of the business is defined in the technical feasibility.
Question
Natalie has been asked by her project manager to list the possible intangible benefits for a new system. Her list will include reduced expenses for the company.
Question
A feasibility analysis includes whether the project has been permitted by the CIO
of the company.
Question
A 20% increase in sales volume is a tangible benefit that can be included in a cost-benefit analysis.
Question
ROI calculations do not consider the present value of future money.
Question
System requests often include the project team members including the project
manager and the analysts.
Question
Project initiation begins when the project sponsor identifies business value that can be gained by using information technology.
Question
Nicole has identified development and operational costs for a soon-to-be built information system. Her findings will be listed under economic feasibility in the analysis report.
Question
Present value calculation takes inflation and time into account.
Question
Determining whether the new system will be compatible with the existing technology that already exists in the organization is part of the organizational feasibility study.
Question
The work plan records and keeps track of all of the tasks that need to be accomplished over the life of the project, listing each task, along with important information about it, such as when it needs to be completed, the person assigned to do the work, and any deliverables that will result.
Question
One of the greatest weaknesses of systems consulting firms is that they try to apply estimates and methodologies that they have developed over time and applied to other projects, most of which are very different from the current project.
Question
System users are stakeholders who perform hands-on activities related to the project.
Question
Calculating the break-even point helps in understanding how long it will take before the system creates real value for the organization.
Question
When planning a systems project, overly optimistic timetables are the cause of project completion delays.
Question
Kelly Smith, the vice president of marketing, has provided resources and political support for the new production management information system. She has acted as the project manager for the project.
Question
The organizational management of a business is involved in hands-on activities related to the project.
Question
Project management is the second major component of the planning phase of the systems development life cycle (SDLC), and it includes three steps: creating the work plan, staffing the project, and controlling and directing the project.
Question
It is not wise to identify tasks for a current project using existing methodology, because methodologies that have been used by an organization for other projects probably will not work for this project without extensive changes.
Question
Creating a work plan requires three steps: identify the tasks that need to be accomplished, estimate the time that it will take to complete the tasks, and record the task completion time in a Gantt Chart.
Question
Adding staff to a project to shorten the project's length is usually a wise move, because adding staff normally translates into increased productivity.
Question
To complete a 20 person-month project in 10 months, a team should have 4 full-time staff members assigned to the project.
Question
When estimating project time schedules using industry standards for a systems project, the following values are acceptable: 15% for planning, 25% for analysis, 50% for design, and 10% for implementation.
Question
The person or group that funds a project and enthusiastically promotes the project throughout the organization is the project champion.
Question
Using typical industry standards for estimating project time schedules, the estimated analysis phase would be 10 person-months for a systems project where the planning phase was completed in 7.5 person-months.
Question
The formula for net present value (NPV) is the ratio of (Total benefits - Total Costs) to Total Costs.
Question
Project management is the process of planning and controlling the development of a system within a specified time frame at a minimum cost with the right functionality.
Question
During organizational feasibility analysis the system users are the stakeholders that are responsible for providing enough budget and promoting the project.
Unlock Deck
Sign up to unlock the cards in this deck!
Unlock Deck
Unlock Deck
1/157
auto play flashcards
Play
simple tutorial
Full screen (f)
exit full mode
Deck 2: Project Management
1
_____ is the process of examining the technical, economic, and organizational pros and cons of developing a new system.

A) Committee approval
B) Feasibility analysis
C) Functionality determination
D) Risk analysis
E) System request
B
2
Peter is the vice president of accounting and finance. For the past year he has solely provided the resources necessary to get the just-in-time accounting system through the planning and analysis phases of the SDLC. Other managers have openly stated that the JIT system is not worth the investment. The SEC has just placed Peter under investigation for insider trading and the board has asked him to resign. This project is failing _____ feasibility analysis.

A) organizational
B) champion
C) functional
D) economic
E) technical
A
3
Examples of development costs include all EXCEPT _____.

A) consultant fees
B) hardware expenses
C) salaries for the project team
D) software licensing fees
E) none of these
D
4
Which of the following factors would tend to increase the technical risk of a project?

A) familiarity with the technology
B) large project size
C) creating an application that is familiar to the users and analysts
D) small project size
E) the number of other applications under development in the firm
Unlock Deck
Unlock for access to all 157 flashcards in this deck.
Unlock Deck
k this deck
5
Operational costs that are examined during feasibility analysis include _____.

A) data conversion cost
B) development training
C) user training
D) equipment upgrades
E) initial consultant fees
Unlock Deck
Unlock for access to all 157 flashcards in this deck.
Unlock Deck
k this deck
6
The project champion is a(n)_____.

A) high-level IS executive who is usually but not always the project sponsor who initiated the system request
B) mid-level IS manager who has the responsibility of controlling and directing the development process
C) high-level non-IS executive who is usually but not always the project sponsor who initiated the system request
D) senior member of the user group who participated in the RAD sessions
E) none of these
Unlock Deck
Unlock for access to all 157 flashcards in this deck.
Unlock Deck
k this deck
7
The level of acceptance by the users of a system and the extent to which the new system will be incorporated into the operations of the organization are expressed in the _____ feasibility.

A) economic
B) familiarity
C) functional
D) organizational
E) technical
Unlock Deck
Unlock for access to all 157 flashcards in this deck.
Unlock Deck
k this deck
8
Feasibility analysis may be defined as a(n)_____.

A) assessment of ability of the ultimate users of the system to accept the system and incorporate it into the ongoing operations of the organization
B) determination of the extent to which the system can be technically designed, developed, and installed
C) guide to determining whether to proceed with a project
D) identification of only the costs and benefits associated with the project
E) none of these
Unlock Deck
Unlock for access to all 157 flashcards in this deck.
Unlock Deck
k this deck
9
The calculation that measures the amount of money an organization receives in return for the money it spends is called the _____.

A) cash flow
B) net present value
C) total investment
D) tangible costs
E) return on investment
Unlock Deck
Unlock for access to all 157 flashcards in this deck.
Unlock Deck
k this deck
10
_____ value can be quantified during the project initiation phase.

A) Expected
B) Tangible
C) Intangible
D) Real
E) Salvage
Unlock Deck
Unlock for access to all 157 flashcards in this deck.
Unlock Deck
k this deck
11
_____ is the process of planning and controlling the development of a system within a specified time frame at a minimum cost with the right functionality.

A) Project management
B) Semantic timeline
C) Task identification
D) Time estimation
E) Work plan
Unlock Deck
Unlock for access to all 157 flashcards in this deck.
Unlock Deck
k this deck
12
The four elements commonly found on a system request are _____.

A) economic, organizational, technical, and operational feasibility
B) project sponsor, business need, business requirements, and business value
C) risk analysis, familiarity, project size, and cost-benefit analysis
D) training, software, installation, and equipment
E) upgrades, licensing fees, repairs, and charges
Unlock Deck
Unlock for access to all 157 flashcards in this deck.
Unlock Deck
k this deck
13
In order to approve a system request, the approval committee must know

A) all of the details of the ultimate system to be developed.
B) the high level functionality of the system.
C) what the screens and reports will look like in the final system.
D) who the end users of the system will be and exactly how they will use it in their jobs.
E) all of these.
Unlock Deck
Unlock for access to all 157 flashcards in this deck.
Unlock Deck
k this deck
14
Suppose a proposed new financial reporting system for the AMF Biotech Corporation must be completed by the start of the next fiscal year in order to comply with new government regulations. This information should be included as part of the ____________ section of the system request.

A) business need
B) business value
C) business requirements
D) special issues or constraints
E) none of these
Unlock Deck
Unlock for access to all 157 flashcards in this deck.
Unlock Deck
k this deck
15
If end users feel fearful or threatened by a proposed new system, this factor should be included as a part of the _____.

A) economic feasibility assessment
B) organizational feasibility assessment
C) system proposal
D) system request
E) technical feasibility assessment
Unlock Deck
Unlock for access to all 157 flashcards in this deck.
Unlock Deck
k this deck
16
Which of the following factors could be included in a technical risk assessment?

A) Cost of a new Web server
B) Cost of hiring a Webmaster
C) No previous experience with Java within the IS department
D) Some fear of job loss among order entry department personnel
E) all of these
Unlock Deck
Unlock for access to all 157 flashcards in this deck.
Unlock Deck
k this deck
17
The person who identifies the business value that can be gained from using information technology is called the _____.

A) manager
B) project sponsor
C) staff member
D) system analyst
E) system request
Unlock Deck
Unlock for access to all 157 flashcards in this deck.
Unlock Deck
k this deck
18
_____ feasibility is determined by identifying costs and benefits associated with the system.

A) Economic
B) Functional
C) Organizational
D) Intangible
E) Technical
Unlock Deck
Unlock for access to all 157 flashcards in this deck.
Unlock Deck
k this deck
19
Explaining "the business capabilities of the information system" is written in the _____ section of the system request.

A) business need
B) business value
C) business requirements
D) project need
E) special issues
Unlock Deck
Unlock for access to all 157 flashcards in this deck.
Unlock Deck
k this deck
20
Most system requests include all of the following except _____.

A) business need
B) business requirements
C) project sponsor
D) project manager
E) business value
Unlock Deck
Unlock for access to all 157 flashcards in this deck.
Unlock Deck
k this deck
21
Function points are used to measure the estimated _____ of a project.

A) complexity
B) effort required
C) program size
D) time required
E) TUFP
Unlock Deck
Unlock for access to all 157 flashcards in this deck.
Unlock Deck
k this deck
22
To identify the tasks for a work plan the project manager can _____.

A) control and direct the project
B) estimate the size, staff the project, and remember technical skills
C) establish a possible reporting structure
D) list the four phases of the SDLC and the steps that occur in each
E) set conservative numbers for the project software
Unlock Deck
Unlock for access to all 157 flashcards in this deck.
Unlock Deck
k this deck
23
Familiarity with the application and technology are major factors considered under economic feasibility.
Unlock Deck
Unlock for access to all 157 flashcards in this deck.
Unlock Deck
k this deck
24
Happy customers is a tangible cost that can be included in a cost-benefit analysis.
Unlock Deck
Unlock for access to all 157 flashcards in this deck.
Unlock Deck
k this deck
25
A normal system with 400 unadjusted function points would have _____ adjusted function points when the shortcut method is use to determine the complexity of the project.

A) 200
B) 260
C) 400
D) 540
E) 600
Unlock Deck
Unlock for access to all 157 flashcards in this deck.
Unlock Deck
k this deck
26
A critical success factor for project management is to _____.

A) create a work plan
B) follow the three steps of project management
C) identify most project tasks
D) manage the hundreds of tasks
E) start with a realistic assessment of the work
Unlock Deck
Unlock for access to all 157 flashcards in this deck.
Unlock Deck
k this deck
27
The three steps of project management are _____.

A) controlling the project, directing the project, and creating the work plan
B) creating the work plan, staffing the project, and controlling and directing the project
C) directing the project, creating the work plan, and naming the tasks
D) naming the tasks, creating the work plan, and completing the deliverables
E) setting the start date, estimating the time, and reading the actual time
Unlock Deck
Unlock for access to all 157 flashcards in this deck.
Unlock Deck
k this deck
28
Project managers can develop task lists for a project with the help of _____.

A) established methodologies
B) system proposals
C) system requests
D) user application hardware
E) user requirements
Unlock Deck
Unlock for access to all 157 flashcards in this deck.
Unlock Deck
k this deck
29
Diane needs to create a work plan for an upcoming systems project. She must first _____.

A) estimate the hours and request deliverables
B) identify the tasks and estimate the time needed to complete them
C) initiate the project and create the project management assessment
D) make tradeoffs and set conservative numbers
E) timebox the completion date
Unlock Deck
Unlock for access to all 157 flashcards in this deck.
Unlock Deck
k this deck
30
The _____ is a dynamic schedule that logs and monitors all of the tasks that need to be accomplished for the length of the project.

A) margin of error
B) project manager
C) project objective
D) timebox
E) work plan
Unlock Deck
Unlock for access to all 157 flashcards in this deck.
Unlock Deck
k this deck
31
Kathryn has little experience estimating the time it will take to complete a systems project. She has just completed the planning phase of the project. What method should she use to estimate the time required to build the system?

A) adjusted project complexity
B) function points
C) industry standards
D) Microsoft Project
E) more complex approach
Unlock Deck
Unlock for access to all 157 flashcards in this deck.
Unlock Deck
k this deck
32
Assume a systems development project effort calculation determines that the system will require 240 function points. If the developers choose to implement this system in the C programming language, approximately 31,200 lines of code will have to be written. If the developers choose Visual Basic to implement the system, the number of lines of code will be _____.

A) about the same
B) can't tell without more information
C) exactly the same
D) much greater
E) much less
Unlock Deck
Unlock for access to all 157 flashcards in this deck.
Unlock Deck
k this deck
33
The process of assigning values for the time and effort needed to perform a system project is called _____.

A) analysis
B) estimation
C) identifying
D) planning
E) preparation
Unlock Deck
Unlock for access to all 157 flashcards in this deck.
Unlock Deck
k this deck
34
The most significant challenge to project managers is _____.

A) lack of project management training
B) no one really understands how to manage a complex systems development project
C) the lack of tools that can assist in controlling project progress
D) unrealistic schedule demands by project sponsors
E) all of these
Unlock Deck
Unlock for access to all 157 flashcards in this deck.
Unlock Deck
k this deck
35
Adding people to a project team in order to speed up total development time _____.

A) is a standard task in timeboxing
B) is a useful way to meet a tight deadline
C) may actually increase total development time
D) simplifies communication within the team
E) none of these
Unlock Deck
Unlock for access to all 157 flashcards in this deck.
Unlock Deck
k this deck
36
A(n) ____________ is a measure of program size based on the number and complexity of inputs, outputs, queries, files, and program interfaces.

A) function point
B) line of code
C) project plan
D) standard module
E) workplan
Unlock Deck
Unlock for access to all 157 flashcards in this deck.
Unlock Deck
k this deck
37
To identify the costs and benefits related to the computer technology for a project the systems analyst should rely on the business users.
Unlock Deck
Unlock for access to all 157 flashcards in this deck.
Unlock Deck
k this deck
38
Traditional Work Breakdown Structures tend to

A) focus on the design of the system as oppose to the needs of the current phase and iteration
B) force too many levels of detail early on for large project and they tend to allow too few level of detail for small projects
C) be too specific for the project and difficult to compare across projects
D) all of these
E) none of these
Unlock Deck
Unlock for access to all 157 flashcards in this deck.
Unlock Deck
k this deck
39
When using a function point estimation worksheet, there are 14 factors that impact the complexity of a project. These factors include _____.

A) data communications, time tradeoffs, and estimated effort
B) end-user efficiency, data communications, and reusability
C) performance and programming language
D) reports printed and PCA
E) x-rays, extensibility, and operational conversion
Unlock Deck
Unlock for access to all 157 flashcards in this deck.
Unlock Deck
k this deck
40
Cost benefit analysis identifies the financial costs and benefits associated with a systems project.
Unlock Deck
Unlock for access to all 157 flashcards in this deck.
Unlock Deck
k this deck
41
Economic feasibility focuses on whether the system can be built by examining the risks associated with the users' and analysts' familiarity with the application, familiarity with the technology, and project size.
Unlock Deck
Unlock for access to all 157 flashcards in this deck.
Unlock Deck
k this deck
42
A limitation of a formal cost-benefits analysis is that it contains the costs and benefits for just one year.
Unlock Deck
Unlock for access to all 157 flashcards in this deck.
Unlock Deck
k this deck
43
The feasibility analysis helps the approval committee determine whether or not to proceed with a project.
Unlock Deck
Unlock for access to all 157 flashcards in this deck.
Unlock Deck
k this deck
44
It is not necessary to assign dollar values to intangible costs and benefits; it is almost impossible to come up with reasonable numbers for all of the costs and benefits that haven't happened yet.
Unlock Deck
Unlock for access to all 157 flashcards in this deck.
Unlock Deck
k this deck
45
Development costs that are examined during feasibility analysis include costs for software licenses and software upgrades.
Unlock Deck
Unlock for access to all 157 flashcards in this deck.
Unlock Deck
k this deck
46
A high return on investment (ROI) results when benefits far outweigh the cost of a new project or information system.
Unlock Deck
Unlock for access to all 157 flashcards in this deck.
Unlock Deck
k this deck
47
User participation should be promoted throughout the development process to make sure that the final system will be accepted and used.
Unlock Deck
Unlock for access to all 157 flashcards in this deck.
Unlock Deck
k this deck
48
Technical feasibility focuses on whether the system can be built by examining the risks associated with the application.
Unlock Deck
Unlock for access to all 157 flashcards in this deck.
Unlock Deck
k this deck
49
Project size is an important consideration in technical feasibility. Larger projects create more risk, both because they are more complicated to manage and because there is a greater chance that some important system requirements will be overlooked or misunderstood.
Unlock Deck
Unlock for access to all 157 flashcards in this deck.
Unlock Deck
k this deck
50
Economic feasibility includes an assessment of financial impact in four categories: (1) development costs, (2) operational costs, (3) tangible benefits, and (4) intangible costs and benefits.
Unlock Deck
Unlock for access to all 157 flashcards in this deck.
Unlock Deck
k this deck
51
Organizational feasibility can be evaluated by conducting a(n) stakeholder analysis.
Unlock Deck
Unlock for access to all 157 flashcards in this deck.
Unlock Deck
k this deck
52
Lauren, a systems analyst, is concerned that she and the end-users at her company do not have experience with a new scanner technology that will soon be implemented. This identified risk falls under economic feasibility.
Unlock Deck
Unlock for access to all 157 flashcards in this deck.
Unlock Deck
k this deck
53
How well a system is accepted by the users and incorporated into the ongoing operations of the business is defined in the technical feasibility.
Unlock Deck
Unlock for access to all 157 flashcards in this deck.
Unlock Deck
k this deck
54
Natalie has been asked by her project manager to list the possible intangible benefits for a new system. Her list will include reduced expenses for the company.
Unlock Deck
Unlock for access to all 157 flashcards in this deck.
Unlock Deck
k this deck
55
A feasibility analysis includes whether the project has been permitted by the CIO
of the company.
Unlock Deck
Unlock for access to all 157 flashcards in this deck.
Unlock Deck
k this deck
56
A 20% increase in sales volume is a tangible benefit that can be included in a cost-benefit analysis.
Unlock Deck
Unlock for access to all 157 flashcards in this deck.
Unlock Deck
k this deck
57
ROI calculations do not consider the present value of future money.
Unlock Deck
Unlock for access to all 157 flashcards in this deck.
Unlock Deck
k this deck
58
System requests often include the project team members including the project
manager and the analysts.
Unlock Deck
Unlock for access to all 157 flashcards in this deck.
Unlock Deck
k this deck
59
Project initiation begins when the project sponsor identifies business value that can be gained by using information technology.
Unlock Deck
Unlock for access to all 157 flashcards in this deck.
Unlock Deck
k this deck
60
Nicole has identified development and operational costs for a soon-to-be built information system. Her findings will be listed under economic feasibility in the analysis report.
Unlock Deck
Unlock for access to all 157 flashcards in this deck.
Unlock Deck
k this deck
61
Present value calculation takes inflation and time into account.
Unlock Deck
Unlock for access to all 157 flashcards in this deck.
Unlock Deck
k this deck
62
Determining whether the new system will be compatible with the existing technology that already exists in the organization is part of the organizational feasibility study.
Unlock Deck
Unlock for access to all 157 flashcards in this deck.
Unlock Deck
k this deck
63
The work plan records and keeps track of all of the tasks that need to be accomplished over the life of the project, listing each task, along with important information about it, such as when it needs to be completed, the person assigned to do the work, and any deliverables that will result.
Unlock Deck
Unlock for access to all 157 flashcards in this deck.
Unlock Deck
k this deck
64
One of the greatest weaknesses of systems consulting firms is that they try to apply estimates and methodologies that they have developed over time and applied to other projects, most of which are very different from the current project.
Unlock Deck
Unlock for access to all 157 flashcards in this deck.
Unlock Deck
k this deck
65
System users are stakeholders who perform hands-on activities related to the project.
Unlock Deck
Unlock for access to all 157 flashcards in this deck.
Unlock Deck
k this deck
66
Calculating the break-even point helps in understanding how long it will take before the system creates real value for the organization.
Unlock Deck
Unlock for access to all 157 flashcards in this deck.
Unlock Deck
k this deck
67
When planning a systems project, overly optimistic timetables are the cause of project completion delays.
Unlock Deck
Unlock for access to all 157 flashcards in this deck.
Unlock Deck
k this deck
68
Kelly Smith, the vice president of marketing, has provided resources and political support for the new production management information system. She has acted as the project manager for the project.
Unlock Deck
Unlock for access to all 157 flashcards in this deck.
Unlock Deck
k this deck
69
The organizational management of a business is involved in hands-on activities related to the project.
Unlock Deck
Unlock for access to all 157 flashcards in this deck.
Unlock Deck
k this deck
70
Project management is the second major component of the planning phase of the systems development life cycle (SDLC), and it includes three steps: creating the work plan, staffing the project, and controlling and directing the project.
Unlock Deck
Unlock for access to all 157 flashcards in this deck.
Unlock Deck
k this deck
71
It is not wise to identify tasks for a current project using existing methodology, because methodologies that have been used by an organization for other projects probably will not work for this project without extensive changes.
Unlock Deck
Unlock for access to all 157 flashcards in this deck.
Unlock Deck
k this deck
72
Creating a work plan requires three steps: identify the tasks that need to be accomplished, estimate the time that it will take to complete the tasks, and record the task completion time in a Gantt Chart.
Unlock Deck
Unlock for access to all 157 flashcards in this deck.
Unlock Deck
k this deck
73
Adding staff to a project to shorten the project's length is usually a wise move, because adding staff normally translates into increased productivity.
Unlock Deck
Unlock for access to all 157 flashcards in this deck.
Unlock Deck
k this deck
74
To complete a 20 person-month project in 10 months, a team should have 4 full-time staff members assigned to the project.
Unlock Deck
Unlock for access to all 157 flashcards in this deck.
Unlock Deck
k this deck
75
When estimating project time schedules using industry standards for a systems project, the following values are acceptable: 15% for planning, 25% for analysis, 50% for design, and 10% for implementation.
Unlock Deck
Unlock for access to all 157 flashcards in this deck.
Unlock Deck
k this deck
76
The person or group that funds a project and enthusiastically promotes the project throughout the organization is the project champion.
Unlock Deck
Unlock for access to all 157 flashcards in this deck.
Unlock Deck
k this deck
77
Using typical industry standards for estimating project time schedules, the estimated analysis phase would be 10 person-months for a systems project where the planning phase was completed in 7.5 person-months.
Unlock Deck
Unlock for access to all 157 flashcards in this deck.
Unlock Deck
k this deck
78
The formula for net present value (NPV) is the ratio of (Total benefits - Total Costs) to Total Costs.
Unlock Deck
Unlock for access to all 157 flashcards in this deck.
Unlock Deck
k this deck
79
Project management is the process of planning and controlling the development of a system within a specified time frame at a minimum cost with the right functionality.
Unlock Deck
Unlock for access to all 157 flashcards in this deck.
Unlock Deck
k this deck
80
During organizational feasibility analysis the system users are the stakeholders that are responsible for providing enough budget and promoting the project.
Unlock Deck
Unlock for access to all 157 flashcards in this deck.
Unlock Deck
k this deck
locked card icon
Unlock Deck
Unlock for access to all 157 flashcards in this deck.