CH4 Flashcards
1.In project integration management, directing and managing project execution involves carrying out the project management plan by performing the activities included in it.
a.
TRUE
b.
FALSE
TRUE
2.Interface management involves identifying and managing the points of interaction between various elements of a project.
a.
TRUE
b.
FALSE
ANSWER:
FALSE
3.The number of interfaces in a single project is limited, and does not depend on the number of people involved in the project.
a.
TRUE
b.
FALSE
ANSWER:
FALSE
4.Project integration management must occur just within the context of a particular project.
a.
TRUE
b.
FALSE
ANSWER:
FALSE
5.A SWOT analysis, being a linear process, cannot be performed using the nonlinear mind mapping technique.
a.
TRUE
b.
FALSE
ANSWER:
FALSE
6.An organization’s information technology project selection process should guide the strategic plan.
a.
TRUE
b.
FALSE
ANSWER:
FALSE
7.Information systems can help an organization support a strategy of being a low-cost producer.
a.
TRUE
b.
FALSE
ANSWER:
TRUE
8.Projects that address broad organizational needs are likely to fail.
a.
TRUE
b.
FALSE
ANSWER:
FALSE
9.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
ANSWER:
TRUE
10.Opportunities and directives are essentially the same thing.
a.
TRUE
b.
FALSE
ANSWER:
FALSE
11.Projects that arise as a result of problems and directives must be resolved quickly to avoid hurting an organization’s business.
a.
TRUE
b.
FALSE
ANSWER:
TRUE
12.The organization should complete low-priority projects before high-priority ones, if the low-priority ones take less time.
a.
TRUE
b.
FALSE
ANSWER:
FALSE
13.An organization should consider only projects with a negative NPV if financial value is a key criterion for project selection.
a.
TRUE
b.
FALSE
ANSWER:
FALSE
14.NPV analysis is a method for making equal comparisons between cash flows for multi-year projects.
a.
TRUE
b.
FALSE
ANSWER:
TRUE
15.An annual discount factor is a multiplier for each year based on the discount rate and year.
a.
TRUE
b.
FALSE
ANSWER:
TRUE
16.The ROI is always positive.
a.
TRUE
b.
FALSE
ANSWER:
FALSE
17.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
ANSWER:
TRUE
18.Project managers must have cooperation from people in other parts of the organization.
a.
TRUE
b.
FALSE
ANSWER:
TRUE
19.Standards and guidelines to follow when performing project management must be devised by top management.
a.
TRUE
b.
FALSE
ANSWER:
TRUE
20.It is much more expensive to make major changes to a project during the earlier phases.
a.
TRUE
b.
FALSE
ANSWER:
FALSE
21.The last phase of the traditional project life cycle is the implementation phase.
a.
TRUE
b.
FALSE
ANSWER:
FALSE
22.An organization usually commits more money as a project continues, therefore a management review should occur after each phase to evaluate progress, potential success, and continued compatibility with organizational goals.
a.
TRUE
b.
FALSE
ANSWER:
TRUE
23.The nature of hardware development projects is more diverse than software-oriented projects.
a.
TRUE
b.
FALSE
ANSWER:
FALSE
24.The team members of a virtual team are all of the same nationality.
a.
TRUE
b.
FALSE
ANSWER:
FALSE