Chapter 11 Flashcards
What are the Reasons for failure?
o Undefined project management practices
o Poor IT management and poor IT procedures
o Inadequate executive support for the project
o Inexperienced project managers
o Unclear business needs and project objectives
o Inadequate user involvement
What are the additional project stakeholders called?
- Client
o The person or group that funds the project - Oversight Committee
o Clients and key managers who review the progress and direct the project - Users
o The person or group of people who will use the new system
What does PMBOK stand for?
Project Management Body of Knowledge
What is the cost/benefit analysis?
Comparing costs and benefits to see if the net result is plus or minus
What is Net Present Value (NPV)?
The present value of dollar benefits and dollar costs of a particular investment
What is break-even Point?
Point in time at which benefits and costs are equal
What is the payback period?
the time period after which the dolar benefits have offset the dollar costs
What is Tangible Benefit?
A benefit that can be measured or estimated in terms of dollars
What is Intangible Benefit?
A benefit that accrues to an organization but that cant be measured quantitively or estimated accurately
What is OO Design?
Process by which a set of detailed OO design models are built to be used for coding
Agile approach says create models only if they are necessary. Simple detailed aspects don’t need a design model before coding
What does the Object Oriented prgram flow consists of?
- Instantiation
- Method