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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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verified

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Question 42

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A(n) _____ is a formal group of people responsible for approving or rejecting changes to a project.

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change control board...

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Question 43

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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.

The _____ section of the project plan should describe the major project functions and activities and identify those individuals who are in charge of them.

An IT company revises its process parameters in response to complaints from vendors that products were not ready on time. This would be an example of _____.

_____ refer to chances to improve the organization.

_____ factors include relevant government or industry standards, the organization's infrastructure, and marketplace conditions.

It is necessary that IT project managers have prior technical experience in creating and managing IT products.

A SWOT analysis, being a linear process, cannot be performed using the nonlinear mind mapping technique.

_____ are new requirements imposed by management, government, or some external influence.

Many projects fail because of unclear requirements and expectations, so starting with a payback analysis makes a lot of sense.

The business case includes information on _____.

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

_____ involves coordinating all planning efforts to create a consistent, coherent document.

A(n) _____ is a methodology that converts value drivers, such as customer service, innovation, operational efficiency, and financial performance, to a series of defined metrics.

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

Organizational process asset updates are an important output of the closing process of a project.

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

In a weighted scoring model, the sum of the weights of all the criteria must total _____ percent.

The number of interfaces in a single project is limited, and does not depend on the number of people involved in the project.