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IT 343 Midterm Exam | Verified with 100% Correct Answers

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IT 343 Midterm Exam | Verified with 100% Correct Answers What is project management? A. The ability to complete a task within a given amount of time B. The ability to complete a task within a given budget C. The ability to manage a temporary endeavor to create a unique product or service, on tim...

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what is project management

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IT 343 Midterm Exam

What is project management?

A. The ability to complete a task within a given amount of time
B. The ability to complete a task within a given budget
C. The ability to manage a temporary endeavor to create a unique product or service,
on time and within budget
D. The ability to administer a series of chronological tasks within a given amount of time
and under budget

All of the following are project management process groups except for which one?

A. Initiating
B. Planning
C. Implementing
D. Monitoring and controlling

You are a project manager in your organization and would like to present a project to
management. What organizational component is most likely to review your project to
determine if it is worthy of investment?

A. Project sponsor
B. Functional management
C. Program managers
D. Portfolio review board

Why must you interview the project decision makers before starting the project?

A. To detail the budget of the project
B. To determine the project results
C. To gain their support and trust
D. To determine the project completion date

What is the purpose of the project charter?

A. To launch the project team
B. To identify the project manager
C. To assign a budget to the project
D. To authorize a project

,You are the project manager for your organization, and management has presented a
new project to you. This project requires that you adhere to several government
regulations for the project deliverable. In this instance, what are the government
regulations considered?

A. Scope
B. Requirement
C. Assumptions
D. Standards

Marci is a project manager in her organization and she is collecting requirements for a
new project. She is working with Frances, an end user, to see how Frances is using the
current software that Marci's project deliverable will replace. Marci asks Frances
questions as she works, stops Frances to explore the purpose behind the software
activities, and quizzes Frances on each step of the software activity. What is Marci
doing in this instance?

A. Gathering project requirements
B. Exploring the learning curve
C. Cross training
D. Active observation

You are helping to create the project charter. One of the elements you need to include
is the high-level risks in your project. Which one of the following is the best definition of
a risk?

A. A potential event that can cause the project to lose time and monies
B. An uncertain event or condition that can have a negative or positive effect on the
project
C. An uncertain event or condition that will cause the project to lose time and/or monies
should it come into fruition
D. A potential event or condition that may affect the project's ability to meet the project
quality expectations

Management has asked that you hire a moderator for a new focus group. What is a
focus group?

A. An interview process for elective team members
B. An interview process by the team members to determine the success of a project
manager
C. A sampling of users affected by the proposed technology
D. A sampling of management affected by the proposed technology

Why can a focus group be counterproductive?

, A. The participants may not understand the technology
B. The management involved may not like the technology being implemented
C. The participants may focus on the problems of the old technology rather that the
goals of the project
D. Team members may have political agendas against the project manager

A project manager would like to use an anonymous tool to gain a consensus on the
needs of the project. Which tool is the project manager likely to use?

A. A survey on the intranet site
B. The Delphi Technique
C. An e-mail message to all users within the organization
D. A monte Carlo simulation

What does SMART mean?

A. Specific, measurable, achievable, relevant, time-bound
B. Specific metrics, action, relevant, time-bound
C. Schedule, monitoring, action, risk, time-bound
D. Scope, metrics, action, risk, time-bound

You are working with Sarah on developing a project charter for a new project. All the
following elements should be included in the project charter except for which one?

A. Key project deliverables
B. High=level milestones
C. Stakeholders
D. Company mission statement

You are working with your project team and management to determine how long the
project will take. One of your team members suggest padding all the activities by 10-20
hours to ensure there's enough time in case there are problems with the work. You
disagree with this idea why?

A. Law of Diminishing Returns
B. Moore's Law
C. Parkinson's Law
D. Pareto's Law

What is the primary difference between a project and operations?

A. Project are temporary and operations are ongoing
B. Projects are unique, while operations are administrative.
C. Projects are constrained by time and costs, while operations have budgets.
D. Projects are paid for by customers, while operations are paid for by management.

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