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MGSC 300_ Chp 13 Questions & 100% Verified Correct Answers with complete solutions (Latest update
MGSC 300_ Chp 13 Questions & 100% Verified Correct Answers with complete solutions (Latest update
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MGSC 300: Chp 13b. Project management - ANS-________ is a structured methodology to plan, manage, and
control the completion of a
project throughout its life cycle.
a. Project planning
b. Project management
c. Systems development
d. System design
c. Technology complexity, tighter budgets, tougher competition, and shorter time-
to-delivery requirements - ANS-Project management is gaining in importance for all types of
projects because of _________.
a. Regulations and compliance requirements
b. The increased use of consultants and vendors
c. Technology complexity, tighter budgets, tougher competition, and shorter time-
to-delivery requirements
d. Migration from data centers to cloud computing, tough competition, and cost
control.
a. Subjective; estimates - ANS-Except in extreme cases, the evaluation of success or failure is
________ because time and
cost to complete the project are _________.
a. Subjective; estimates
b. Done by the project manager; fixed
c. Objective; inflexible
d. Done by the project team; set by them
c. postmortem - ANS-Too often the final stage of a project, the ________, is skipped to save
time and effort.
a. budgeting
b. executing
c. postmortem
d. controlling
d. Perform a postmortem with all members of the project team. - ANS-Lessons learned to keep
projects on track include all of the following except ________.
, a. Set realistic and detailed project plans with adequate time and resources.
b. Encourage timely feedback and be willing to listen.
c. Manage risk with regular project status reviews.
d. Perform a postmortem with all members of the project team.
b. Users have too much early involvement - ANS-Which of the following is not a red flag that
indicates IT project problems?
a. Project has launched without senior buy-in
b. Users have too much early involvement
c. No detailed testing plan exists
d. No detailed project plan exists
b. Business case - ANS-7. Enterprises face the challenge of deciding which investments to
make and how to allocate
scarce resources to competing projects. Typically a senior manager composes a(n) ________
that outlines the justification for the start-up and funding of a project.
a. Project portfolio
b. Business case
c. ROI analysis
d. Business impact statement
c. Project portfolio management - ANS-During project analysis, IT projects should be examined
holistically—that is, in combination
to identify investment synergies. This approach is known as ________.
a. ROI analysis
b. Business impact analysis
c. Project portfolio management
d. Capital budgeting
a. know your customer - ANS-The financial services sector has been compelled by strict
international anti-money-
laundering (AML) guidelines that require firms to _________.
a. know your customer
b. implement master data management
c. adhere to project portfolio management
d. demonstrate data consistency and accuracy
b. Deliverables - ANS-The triple constraint refers to the three attributes that must be managed
effectively for
successful completion and closure of any project. Which is not one of those attributes?
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