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Exam 4: Project Integration Management

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Question 41

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NPV analysis is a method for making equal comparisons between cash flows for multi-year projects.

A) True
B) False

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Question 42

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An organization's information technology project selection process should guide the strategic plan.

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B) False

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Question 43

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A(n) _____ is a formal, documented process that describes when and how official project documents may be modified, the people authorized to make modifications, and the paperwork required for these changes.

_____ is a technique that uses branches radiating from a core idea to structure thoughts and ideas.

Information systems can help an organization support a strategy of being a low-cost producer.

_____ analysis is a method of calculating the expected net monetary gain or loss from a project by discounting all expected future cash inflows and outflows to the present point in time.

A Gantt chart is the same as a project management plan.

Corrective actions reduce the probability of negative consequences associated with project risks, while preventive actions should result in improvements in project performance.

_____ project work includes collecting, measuring, and disseminating performance information.

Which of the following are organizational process assets?

The first step in the planning process is _____.

_____ involves identifying and controlling the functional and physical design characteristics of products and their support documentation, and ensures that the descriptions of the project's products are correct and complete.

_____ involves working with stakeholders to create the document that formally authorizes a project.

In the _____ stage of selecting information technology projects, organizations define project scope, benefits, and constraints.

_____ involves determining long-term objectives by analyzing the strengths and weaknesses, studying opportunities and threats, predicting future trends, and projecting the need for new products and services.

A(n) _____ involves analyzing a company's strengths, weaknesses, opportunities, and threats, and is used to aid in strategic planning.

What is a weighted scoring model? How is it created?

_____ involves identifying and managing the points of interaction between various elements of the project.

The _____ stage of information technology planning outlines business processes that are central to achieving strategic goals and helps determine which ones could most benefit from information technology.

A category of software that can help align projects with business strategy is called _____ tools.