Question 1

Suppose an organization is interested in knowing whether the system can be developed and implemented in the time allotted.Where should this requirement be considered in a feasibility study?

Accepted Answer

Scheduling feasibility is concerned with determining whether the project can be completed within the given timeframe. Therefore, this requirement should be considered under scheduling feasibility in a feasibility study.

Question 2

Refer to the diagram below,where the numbers next to the arrows refer to the number of days required for completion of the corresponding activity.What is the critical path?

Accepted Answer

The answer of Refer to the diagram below,where the numbers...

Question 3

A network of arrows and nodes representing project activities that require an expenditure of time and resources and the completion of initiation of activities,respectively,is called

Accepted Answer

A network of arrows and nodes representing project activities that require an expenditure of time and resources and the completion of initiation of activities is called a Program Evaluation and Review Technique (PERT) diagram. PERT diagrams are used to plan, schedule, and manage complex projects by breaking them down into smaller, more manageable tasks. Gantt charts are another type of project management tool that is used to visually display a project schedule. An SDLC cycle is a specific sequence of steps used to develop software applications, and CASE (Computer-Aided Software Engineering) is a general term that refers to any computer-based tools used to aid the software development process.

Question 4

Which planning technique does not show the relationships among various activities?

Accepted Answer

Gantt chart is a visual representation of tasks or activities to be completed over a period of time. It shows the start and end dates of tasks and their progress over time, but it does not show the relationships among various activities. PERT and the critical path method both depict the relationships among tasks and their dependencies, and VAN (Value analysis network) is a technique used to analyze the cost-benefit of activities.

Question 5

Suppose a state law mandates that the firm maintained certain sales information.Where should this requirement be considered in a feasibility study?

Accepted Answer

The requirement mandated by the state law is a legal requirement, and therefore, it should be considered under the legal feasibility aspect of the feasibility study. Legal feasibility evaluates whether the project complies with legal requirements, regulations, and policies. It assesses the legal risks and implications of the project, including any regulatory mandates or legal constraints that the project must fulfill to be viable.

Question 6

________ requires that all activities and the precedent and subsequent relationships among them be identified.

Accepted Answer

PERT diagram is a project management tool that requires the identification of all activities involved in a project and the relationships among them, including the precedent and subsequent relationships. A CASE diagram is used to model software architecture, a Gantt chart is a scheduling tool, and SDLC cycle is a software development process.

Question 7

Refer to the diagram below,where the numbers next to the arrows refer to the number of days required for completion of the corresponding activity.What is the critical path?

Accepted Answer

The answer of Refer to the diagram below,where the numbers...

Question 8

The most important and frequently re-analyzed part of a feasibility study is the ________ aspect.

Accepted Answer

Economic feasibility is the most important and frequently re-analyzed part of a feasibility study as it involves an assessment of the project's financial viability. It helps to determine the costs and benefits of the project, including the potential returns on investment. It involves analyzing the project's profitability and cash flow, and it's indispensable in determining whether the project is worth the resources and investment made into it.

Question 9

A feasibility study should first be performed in the ________ stage of the systems development life cycle.

Accepted Answer

The feasibility study should be done in the system analysis stage of the systems development life cycle. This stage is focused on understanding the requirements of the system and analyzing the feasibility of developing the system. The feasibility study helps in determining whether the project is technically feasible, financially feasible, and operationally feasible. Therefore, it is important to conduct the feasibility study in the early stages of the system development life cycle to avoid costly modifications later on.

Question 10

Suppose an organization is interested in knowing whether the system can be developed and implemented using existing technology.Where should this requirement be considered in a feasibility study?

Accepted Answer

The requirement of developing and implementing the system using existing technology indicates a need to evaluate the technical feasibility of the project. Technical feasibility focuses on assessing whether the necessary technology and resources to develop and implement the system are available and can be integrated successfully. Therefore, this requirement should be considered in the technical feasibility section of the feasibility study.

Question 11

________ model is the basic model used to create a framework for an economic feasibility analysis.

Accepted Answer

The capital budgeting model is specifically designed to evaluate the economic feasibility of investment projects. It uses a framework that includes estimating the potential cash flows resulting from the investment, determining the time value of money, assessing risk, and calculating the expected return on investment. This model is widely used in businesses to determine if a potential investment is worth pursuing.

Question 12

Companies usually accept the project with the ________ when using the payback method to determine a project's economic feasibility.

Accepted Answer

The payback method suggests that a company should accept the project with the shortest payback period. This is because the payback period measures the time it takes for the initial investment to be repaid, and the shorter the payback period, the faster the company can recoup its investment and reduce its risk. Choosing the longer payback period (A) or the weighted average payback period (B) would mean a longer wait before recouping the initial investment, which increases the risk. Choosing the payback period that is equal to the project's economic life (C) may not necessarily be the best choice because it does not consider the amount of profits that can be generated beyond the payback period.

Question 13

PERT is an acronym that stands for

Accepted Answer

PERT stands for Program Evaluation and Review Technique, which is a project management tool focusing on time and resource allocation through activity sequencing and analysis.

Question 14

Suppose an organization is interested in knowing whether it has access to people who can design,implement,and operate the proposed system.Where should this requirement be considered in a feasibility study?

Accepted Answer

The requirement of having access to people who can design, implement, and operate the proposed system is related to the operational feasibility of the project. Operational feasibility deals with whether the proposed system will be acceptable to users, whether the organization has the necessary skills and resources to implement and operate the system, and whether the system will be compatible with the organization's existing technology and infrastructure. Therefore, this requirement should be considered under the operational feasibility aspect of the feasibility study.

Question 15

Identify the statement below that best describes a Gantt chart.

Accepted Answer

A Gantt chart is a bar chart with project activities on the left-hand side and units of time across the top. It visually represents the schedule of a project and shows the start and end dates of tasks, as well as the duration of each task.

Question 16

Describe what is a Gantt chart and both of its advantage and disadvantage.

Accepted Answer

The answer of Describe what is a Gantt chart and...

Question 17

It is most difficult to quantify ________ when assessing economic feasibility.

Accepted Answer

While costs, payback period and break even can all be measured and calculated with some degree of accuracy, quantifying benefits can be more subjective and may depend on individual perspectives and values. This can make it difficult to determine the overall economic feasibility of a project or investment.

Question 18

Refer to the diagram below,where the numbers next to the arrows refer to the number of days required for completion of the corresponding activity.What is the critical path?

Accepted Answer

The answer of Refer to the diagram below,where the numbers...

Question 19

One disadvantage of a Gantt chart is the fact that

Accepted Answer

A Gantt chart does not show the relationships among project activities, making it difficult to see dependencies and critical path analysis.

Question 20

Describe the importance of the master plan in systems development.

Accepted Answer

The answer of Describe the importance of the master plan...

Quiz 20: Introduction to Systems Development and Systems Analysis

Suppose an organization is interested in knowing whether the system can be developed and implemented in the time allotted.Where should this requirement be considered in a feasibility study?

Refer to the diagram below,where the numbers next to the arrows refer to the number of days required for completion of the corresponding activity.What is the critical path?

A network of arrows and nodes representing project activities that require an expenditure of time and resources and the completion of initiation of activities,respectively,is called

Which planning technique does not show the relationships among various activities?

Suppose a state law mandates that the firm maintained certain sales information.Where should this requirement be considered in a feasibility study?

________ requires that all activities and the precedent and subsequent relationships among them be identified.

Refer to the diagram below,where the numbers next to the arrows refer to the number of days required for completion of the corresponding activity.What is the critical path?

The most important and frequently re-analyzed part of a feasibility study is the ________ aspect.

A feasibility study should first be performed in the ________ stage of the systems development life cycle.

Suppose an organization is interested in knowing whether the system can be developed and implemented using existing technology.Where should this requirement be considered in a feasibility study?

________ model is the basic model used to create a framework for an economic feasibility analysis.

Companies usually accept the project with the ________ when using the payback method to determine a project's economic feasibility.

PERT is an acronym that stands for

Suppose an organization is interested in knowing whether it has access to people who can design,implement,and operate the proposed system.Where should this requirement be considered in a feasibility study?

Identify the statement below that best describes a Gantt chart.

Describe what is a Gantt chart and both of its advantage and disadvantage.

It is most difficult to quantify ________ when assessing economic feasibility.

Refer to the diagram below,where the numbers next to the arrows refer to the number of days required for completion of the corresponding activity.What is the critical path?

One disadvantage of a Gantt chart is the fact that

Describe the importance of the master plan in systems development.