STUDY GUIDEChapter 14 Managing Projects TRUE OR FALSE1)
Between 30 and 40 percent of all software projects are "runaway" projects that far exceed original schedule and budget projections.
2) An information system project's scope is directly related to its businessrequirements.3)The information systems steering committee
the project team
is composed of information systems managersand end-user managers responsible for overseeing several specific informationsystems projects.4)
An information systems plan contains a statement of corporate goalsand specifies howinformation technology will support the attainment of those goals.
5)If an intended benefit of an IT project is improved decision making, managersshould developa set of metrics to quantify the value of an improved decision.
To quantify thevalue of more timely and precise information on the outcome of the decision.
Scoring models are used most commonly to support decisions ratherthan as the final arbitersof system selection.
Transaction and clerical systems that displace labor and save spacetypically produce moremeasurable, tangible benefits than management information systems.
8)More timely information is a tangible benefit of information systems
Intangible benefits cannot be immediately quantified but may lead toquantifiable gains in thelong run.
10)A benefit of using TCO analysis to evaluate an information technologyinvestment is that it