Directing and managing project execution involves carrying out *a.

True
the project management plan by performing the activities b. False
included in it.

Many people consider project integration management the key *a. True
to overall project success. b. False

Project integration management does not include interface a. True

management. *b. False

The number of interfaces can increase exponentially as the *a. True

number of people involved in a project increases. b. False

Project integration management must occur just within the a. True

context of a particular project. *b. False

Project managers should never be involved in strategic a. True

planning and project selection. *b. False

Strategic planning involves determining long-term objectives *a. True

by analyzing the strengths and weaknesses of an organization, b. False
studying opportunities and threats in the business
environment, predicting future trends, and projecting the need
for new products and services.

An organization's information technology project selection a. True

process should guide the strategic plan. *b. False

Information systems can help an organization support a *a. True

strategy of being a low-cost producer. b. False

Selecting projects is considered an exact science. a. True

*b. False

As projects progress, the organization must reevaluate the *a. True

need, funding, and will for each project to determine if the b. False
project should be continued, redefined, or terminated.
Opportunities and directives are essentially the same thing. a. True
*b. False

Many problems and directives must be resolved quickly. *a. True

b. False

The organization should complete low-priority projects before a. True

high-priority ones, if the low-priority ones take less time. *b. False

You can use the NPV function in Microsoft Access to calculate a. True
the NPV quickly. *b. False

Net present value and cash flow mean the same thing. a. True
*b. False

An annual discount factor is a multiplier for each year based on *a. True
the discount rate and year. b. False

The ROI is always positive. a. True

*b. False

Payback period is the amount of time it will take to recoup, in *a. True
the form of net cash inflows, the total dollars invested in a b. False
project.

The first step in creating a weighted scoring model is to assign a. True

a weight to each criterion. *b. False

A project charter typically does not authorize the project a. True

manager to use organizational resources to complete the *b. False
project.

Some people might use a contract in place of a charter. *a. True

b. False

Many projects fail because of unclear requirements and *a. True

expectations, so starting with a project charter makes a lot of b. False
sense.

Project management plans document project planning *a. True

assumptions and decisions regarding choices. b. False

The introduction or overview of a project must only include a a. True

list of definitions and acronyms. *b. False

A stakeholder analysis should be part of the overall project a. True

plan. *b. False

The key deliverables section of the project management plan *a. True
should describe the quality expectations for the product b. False
deliverables.

A commonsense approach to improving the coordination a. True

between project plan development and execution is to follow *b. False
this simple rule: Those who will do the work should not plan
the work.

Many organizations have found that large information *a. True

technology projects require experienced general managers who b. False
understand the business and application area of the
technology, not the technology itself.

All projects can benefit from using some type of project *a. True
management information system to coordinate and b. False
communicate project information.

There are ____ main processes involved in project integration b. six

management.
a. three
b. six
c. ten
d. fifteen

____ involves working with stakeholders to create the a. Developing the

document that formally authorizes a project. project charter
a. Developing the project charter
b. Developing the preliminary project scope statement
c. Developing the project management plan
d. Directing and managing project execution

____ involves coordinating all planning efforts to create a c. Developing the

consistent, coherent document. project management
a. Developing the project charter plan
b. Developing the preliminary project scope statement
c. Developing the project management plan
d. Directing and managing project execution

The outputs of ____ include change request status updates, d. performing

project management plan updates, and project document integrated change
updates. control
a. monitoring and controlling the project work
b. closing the project
c. developing the project management plan
d. performing integrated change control

Many people are familiar with SWOT analysis—analyzing c. strategic planning

Strengths, Weaknesses, Opportunities, and Threats—which is
used to aid in ____.
a. project initiation
b. project planning
c. strategic planning
d. strategic initiation

The ____ step in the planning process is to tie the information a. first
technology strategic plan to the organization's overall strategic
plan.
a. first
b. second
c. third
d. fourth

In the ____ information technology planning stage, the analysis b. Business Area
outlines business processes that are central to achieving Analysis
strategic goals and helps determine which ones could most
benefit from information technology.
a. Project Planning
b. Business Area Analysis
c. Resource Allocation
d. Information Technology Strategy Planning

In the ____ stage, organizations tie information technology d. Information

strategy to mission and vision of organization and identify key Technology Strategy
business areas. Planning
a. Project Planning
b. Business Area Analysis
c. Resource Allocation
d. Information Technology Strategy Planning

In the ____ stage of selecting information technology projects, a. Project Planning

organizations define project scope, benefits, and constraints.
a. Project Planning
b. Business Area Analysis
c. Resource Allocation
d. Information Technology Strategy Planning

In the ____ stage of selecting information technology projects, c. Resource Allocation

organizations select information technology projects.
a. Project Planning
b. Business Area Analysis
c. Resource Allocation
d. Information Technology Strategy Planning

Research shows that ____ is the number one reason cited for c. supporting explicit
why organizations invest in information technology projects. business objectives
a. providing financial incentives
b. supporting implicit business objectives
c. supporting explicit business objectives
d. keeping abreast of technological advances

Author ____, who developed the concept of the strategic value b. Michael Porter
of competitive advantage, has written several books and
articles on strategic planning and competition.
a. James Bacon
b. Michael Porter
c. Robert Cooper
d. Carol Matlack

Projects that address ____ are much more likely to be c. broad organizational
successful because they will be important to the organization. needs
a. a balanced scorecard
b. a weighted scoring model
c. broad organizational needs
d. net present value

One method for selecting projects based on ____ is to a. broad

determine whether they first meet three important criteria: organizational needs
need, funding, and will.
a. broad organizational needs
b. using a weighted scoring model
c. implementing a balanced scorecard
d. categorizing information technology projects

____ are new requirements imposed by management, d. Directives

government, or some external influence.
a. Opportunities
b. Commands
c. Problems
d. Directives

____ analysis is a method of calculating the expected net b. Net present value
monetary gain or loss from a project by discounting all
expected future cash inflows and outflows to the present point
in time.
a. Cost of capital
b. Net present value
c. Cash flow
d. Payback

The first step in determining the NPV is to ____. a. determine the

a. determine the estimated costs and benefits for the life of the estimated costs and
project and the products it produces benefits for the life of
b. determine the discount rate the project and the
c. calculate the net present value products it produces
d. determine the cash flow

In the mathematical formula for determining the NPV, the b. the last year of the
variable n is ____. cash flow
a. the year of the cash flow
b. the last year of the cash flow
c. the amount of cash flow each year
d. the discount rate

The ____ is the minimum acceptable rate of return on an d. required rate of

investment. return
a. return on investment
b. internal rate of return
c. external rate of return
d. required rate of return

You can determine a project's ____ by finding what discount a. internal rate of
rate results in an NPV of zero for the project. return (IRR)
a. internal rate of return (IRR)
b. required rate of return
c. payback period
d. return on investment (ROI)

In a weighted scoring model, the sum of all of the criteria's c. 100

weights must total ____ percent.
a. 0
b. 50
c. 100
d. 150

A(n) ____ is a methodology that converts an organization's b. balanced scorecard

value drivers, such as customer service, innovation, operational
efficiency, and financial performance, to a series of defined
metrics.
a. payback analysis
b. balanced scorecard
c. weighted scoring model
d. net present value analysis

A(n) ____ is a document that formally recognizes the existence d. project charter
of a project and provides direction on the project's objectives
and management.
a. balanced scorecard
b. business case
c. net present value analysis
d. project charter

A(n) ____ is a document that describes the products or services b. statement of work
to be created by the project team.
a. contract
b. statement of work
c. project charter
d. business case

____ support contributes the most to successful information c. Executive

technology projects.
a. Stakeholder
b. Team
c. Executive
d. User

A(n) ____ is a document used to coordinate all project planning a. project management
documents and help guide a project's execution and control. plan
a. project management plan
b. statement of work
c. scope statement
d. contact

The ____ section of the project plan should describe the major c. project
project functions and activities and identify those individuals responsibilities
who are responsible for them.
a. organizational charts
b. other organizational or process-related information
c. project responsibilities
d. management objectives
The ____ section of the project management plan describes b. project controls
how to monitor project progress and handle changes.
a. management objectives
b. project controls
c. risk management
d. technical processes

The ____ section of the project management plan describes d. technical processes
specific methodologies a project might use and explains how
to document information.
a. management objectives
b. project controls
c. risk management
d. technical processes

The project schedule information section of the project c. a detailed schedule

management plan might include ____.
a. a detailed budget
b. key deliverables
c. a detailed schedule
d. project staffing

The majority of time on a project is usually spent on ____, as is a. execution

most of the project's budget.
a. execution
b. planning
c. closing
d. monitoring and controlling

Most systems analysts begin their careers as ____. d. programmers

a. database administrators
b. CEOs
c. project managers
d. programmers

On large projects, many project managers say that ____ percent c. 90

of the job is communicating and managing changes.
a. 50
b. 70
c. 90
d. 100

____ should result in improvements in project performance. a. Corrective actions

a. Corrective actions
b. Corrective reports
c. Preventive actions
d. Proactive methods

____ provide information on how project execution is going. a. Performance reports

a. Performance reports
b. Change requests
c. Deliverables
d. Contracts

Which of the following is an important input to the integrated b. Work performance

change control process? information
a. Deliverables
b. Work performance information
c. Approved and rejected change requests
d. Approved and validated defect repair

A(n) ____ is a formal, documented process that describes when d. change control
and how official project documents may be changed. system
a. integrated change control
b. change request
c. performance report
d. change control system

A(n) ____ is a formal group of people responsible for approving b. CCB

or rejecting changes to a project.
a. CCA
b. CCB
c. CCC
d. CCD

____ ensures that the descriptions of the project's products are c. Configuration
correct and complete. management
a. CCB
b. Correction management
c. Configuration management
d. Product description management

____ tools track the execution of business process flows and a. BSM
expose how the state of supporting IT systems and resources
is impacting end-to-end business process performance in real
time.
a. BSM
b. CCB
c. CCA
d. BSC

______________________________ involves coordinating all of the Correct Answer(s):

other project management knowledge areas throughout a a. Project integration
project's life cycle. management

335. Chapter 4: Project Integration Management Question CO Correct Answer(s):

#2 a. project integration
Good ____________________ management is critical to providing
stakeholder satisfaction.

336. Chapter 4: Project Integration Management Question CO Correct Answer(s):

#3 a. Interface
____________________ involves identifying and managing the management
points of interaction between various elements of the project.

337. Chapter 4: Project Integration Management Question CO Correct Answer(s):

#4 a. project charter
Project initiation starts with identifying potential projects,
using realistic methods to select which projects to work on,
and then formalizing their initiation by issuing some sort of
____________________.

338. Chapter 4: Project Integration Management Question CO Correct Answer(s):

#5 a. planning
The last step in the ____________________ process for selecting
information technology projects is choosing which projects to
do and assigning resources for working on them.

339. Chapter 4: Project Integration Management Question CO Correct Answer(s):

#6 a. strategic
Many information systems are classified as
"____________________" because they directly support key
business strategies.

340. Chapter 4: Project Integration Management Question CO Correct Answer(s):

#7 a. new product
Many organizations rely on effective _________________________ development
(NPD) to increase growth and profitability.

341. Chapter 4: Project Integration Management Question CO Correct Answer(s):

#8 a. Problems
____________________ are undesirable situations that prevent an
organization from achieving its goals.

342. Chapter 4: Project Integration Management Question CO Correct Answer(s):

#9 a. Opportunities
____________________ are chances to improve the organization.

343. Chapter 4: Project Integration Management Question CO Correct Answer(s):

#10 a. prioritize
Even though many information technology projects can be
completed quickly, it is still important to ____________________
them.

344. Chapter 4: Project Integration Management Question CO Correct Answer(s):

#11 a. cost of capital
A positive NPV means the return from a project exceeds the
____________________, the return available by investing the
capital elsewhere.

345. Chapter 4: Project Integration Management Question CO Correct Answer(s):

#12 a. discount rate
A(n) ____________________ is the rate used in discounting future
cash flow.

346. Chapter 4: Project Integration Management Question CO Correct Answer(s):

#13 a. ROI
______________________________ is the result of subtracting the b. Return on
project costs from the benefits and then dividing by the costs. investment
c. Return on
investment (ROI)

347. Chapter 4: Project Integration Management Question CO Correct Answer(s):

#14 a. Goal Seek
You can use the ____________________ function in Excel to
determine the IRR quickly.

348. Chapter 4: Project Integration Management Question CO Correct Answer(s):

#15 a. weighted scoring
A(n) _________________________ is a tool that provides a model
systematic process for selecting projects based on many
criteria.

349. Chapter 4: Project Integration Management Question CO Correct Answer(s):

#16 a. point model
With a(n) ____________________, you can simply add all the
points to determine the best projects for selection, without
having to multiply weights and scores and sum the results.

350. Chapter 4: Project Integration Management Question CO Correct Answer(s):

#17 a. environmental
Enterprise _________________________ include relevant factors
government or industry standards, the organization's
infrastructure, and marketplace conditions.

351. Chapter 4: Project Integration Management Question CO Correct Answer(s):

#18 a. Organizational
______________________________ include formal and informal process assets
plans, policies, procedures, guidelines, information systems,
financial systems, management systems, lessons learned, and
historical information that can be used to influence a project's
success.

352. Chapter 4: Project Integration Management Question CO Correct Answer(s):

#19 a. WBS
A project manager usually organizes the project work into b. work breakdown
several work packages using a(n) structure
______________________________. c. work breakdown
structure (WBS)

353. Chapter 4: Project Integration Management Question CO Correct Answer(s):

#20 a. SPMP
The Institute of Electrical and Electronics Engineers (IEEE) b. Software Project
Standard 1058-1998 describes the contents of a(n) Management Plan
________________________________________. c. Software Project
Management Plan
(SPMP)

354. Chapter 4: Project Integration Management Question CO Correct Answer(s):

#21 a. experts
Project managers should not hesitate to consult
____________________ on different topics, such as what
methodology to follow, what programming language to use,
what training approach to follow, and so on.

355. Chapter 4: Project Integration Management Question CO Correct Answer(s):

#22 a. Monitoring
____________________ project work includes collecting,
measuring, and disseminating performance information.

356. Chapter 4: Project Integration Management Question CO Correct Answer(s):

#23 a. baseline
A(n) ____________________ is the approved project management
plan plus approved changes.

357. Chapter 4: Project Integration Management Question CO Correct Answer(s):

#24 a. action
A(n) preventive ____________________ might be modifying a
time-tracking system screen to avoid common errors people
made in the past.

358. Chapter 4: Project Integration Management Question CO Correct Answer(s):

#25 a. Integrated change
_________________________ involves identifying, evaluating, and control
managing changes throughout the project life cycle.