Quiz 5: Initiating and Planning Systems Development Projects
Computing
Q 1Q 1
Proper and insightful project planning,including determining project scope as well as identifying project activities,can easily reduce time in later project phases.
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True False
True
Q 2Q 2
The objective of project initiation and planning is to transform a vague system request document into a tangible project description.
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True False
True
Q 3Q 3
Project initiation focuses on activities that will help organize a team to conduct project planning.
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True False
True
Q 4Q 4
Project planning focuses on defining clear,discrete activities and the work needed to complete each task.
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True False
Q 5Q 5
The objective of the project planning process is the development of a Baseline Project Plan and a Statement of Work.
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True False
Q 6Q 6
The Project Scope Statement clearly outlines the objectives and constraints of the project for the development group.
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True False
Q 7Q 7
The major outcomes and deliverables from project initiation and planning are the Baseline Project Plan and the Project Scope Statement.
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True False
Q 8Q 8
The Systems Service Request reflects the best estimate of the project's scope,benefits,costs,risks,and resource requirements,given the current understanding of the project.
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True False
Q 9Q 9
The Explanation of Services is a short document prepared for the customer that describes what the project will deliver and outlines all work required to complete the project.
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True False
Q 10Q 10
The Statement of Work is a document prepared for the customer during project initiation and planning that describes what the project will deliver and outlines generally at a high level all work required to complete the project.
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True False
Q 11Q 11
The Project Scope Statement can be used as the basis of a formal contractual agreement outlining firm deadlines,costs,and specifications.
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True False
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True False
Q 13Q 13
The culmination of the feasibility analyses form the business case that justifies the expenditure of resources on the project.
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True False
Q 14Q 14
Economic feasibility is the process of identifying the financial benefits and costs associated with a development project.
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True False
Q 15Q 15
During project initiation and planning,you should precisely define all benefits and costs related to a particular project.
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True False
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True False
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True False
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True False
Q 19Q 19
Competitive necessity,more timely information,and improved organizational planning are intangible benefits.
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True False
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True False
Q 21Q 21
During project initiation and planning,potential tangible benefits may have to be considered intangible.
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True False
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True False
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True False
Q 24Q 24
Intangible benefits are benefits associated with project start-up,development,or system start-up.
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True False
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True False
Q 26Q 26
Fixed costs are costs that are billed or incurred at a regular interval and usually at a fixed rate.
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True False
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True False
Q 28Q 28
Because many projects may be competing for the same investment dollars and may have different useful life expectancies,all costs and benefits must be viewed in relation to their present rather than future value when comparing investment options.
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True False
Q 29Q 29
Using a discount rate of 10%,the present value of a $2,500 benefit received 5 years from now is $1,552.30.
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True False
Q 30Q 30
Using a discount rate of 14%,the present value of a $10,000 benefit received 5 years from now is $5,500.49.
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True False
Q 31Q 31
Using a discount rate of 12%,the present value of a $50,500 benefit received 2 years from now is $39,859.69.
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True False
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True False
Q 33Q 33
If the NPV of all costs is $100,000 and the NPV of all benefits is $170,000,then the ROI would be 35%.
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True False
Q 34Q 34
If the NPV of all benefits is $150,000 and the NPV of all costs is $125,000,then the ROI is 15%.
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True False
Q 35Q 35
If the NPV of all benefits is $2,500,000 and the NPV of all costs are $1,000,000 then the ROI is 10%.
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True False
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True False
Q 37Q 37
Fulfillment feasibility is the process of assessing the development organization's ability to construct a proposed system.
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True False
Q 38Q 38
The purpose of operational feasibility is to understand the degree to which a proposed system will likely solve the business problems or take advantage of opportunities.
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True False
Q 39Q 39
Generally speaking,legal and contractual feasibility is a greater consideration if your organization has historically used an outside organization for specific systems or services that you now are considering handling yourself.
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True False
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True False
Q 41Q 41
All information collected during project initiation and planning is collected and organized into a document called the Baseline Project Plan.
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True False
Q 42Q 42
Referencing the Management Issues section of the Baseline Project Plan,the communication plan provides a description of the team member roles and reporting relationships.
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True False
Q 43Q 43
A walkthrough is a peer group review of any product created during the systems development process.
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True False
Q 44Q 44
Referencing a walkthrough,the coordinator reviews the work product in terms of future maintenance activities.
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True False
Q 45Q 45
Referencing a walkthrough,the maintenance oracle ensures that the work product adheres to organizational technical standards.
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True False
Q 46Q 46
Referencing a walkthrough,the user makes sure that the work product meets the needs of the project's customers.
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True False
Q 47Q 47
The project initiation and planning process for an Internet-based electronic commerce application is similar to the process followed for other applications.
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True False
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True False
Q 49Q 49
The least amount of project planning effort is typically expended on the feasibility assessment activities.
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True False
Q 50Q 50
As a rule of thumb estimate,what percentage of the entire development effort should be devoted to the project initiation and planning process?
A)between 10 and 20 percent
B)less than 5 percent
C)less than 10 percent
D)between 20 and 30 percent
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Multiple Choice
Q 51Q 51
Activities designed to assist in organizing a team to conduct project planning is the focus of:
A)project planning
B)project identification and selection
C)project initiation
D)analysis
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Multiple Choice
Q 52Q 52
How is project planning distinct from general information systems planning?
A)General information systems planning focuses on assessing the information systems needs of the entire organization.
B)Project planning focuses on assessing the information systems needs of the entire organization.
C)General information systems planning focuses on defining clear,discrete activities and the work needed to complete each activity within a single project.
D)Project planning focuses on defining discrete activities needed to complete all projects.
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Multiple Choice
Q 53Q 53
Which of the following is not an element of project initiation?
A)establishing management procedures
B)dividing the project into manageable tasks
C)establishing a relationship with the customer
D)establishing the project initiation team
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Multiple Choice
Q 54Q 54
The objective of the project planning process is:
A)the development of a Baseline Project Plan and Project Scope Statement
B)the development of a Systems Service Request
C)the development of entity relationship diagrams
D)the development of transitional operations plans
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Multiple Choice
Q 55Q 55
Which of the following is an element of project planning?
A)establishing management procedures
B)establishing a relationship with the customer
C)estimating resources and creating a resource plan
D)establishing the project management environment and project workbook
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Multiple Choice
Q 56Q 56
The Baseline Project Plan:
A)contains all information collected and analyzed during project initiation and planning
B)specifies detailed project activities for the next life cycle phase,analysis,and less detail for subsequent project phases
C)is used by the project selection committee to help decide if the project should be accepted,redirected,or canceled
D)all of the above
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Multiple Choice
Q 57Q 57
A major outcome and deliverable from the project initiation and planning phase that contains the best estimate of a project's scope,benefits,costs,risks,and resource requirements defines the:
A)Baseline Project Plan
B)Information Systems Plan
C)Mission Statement
D)Statement of Work
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Multiple Choice
Q 58Q 58
The justification for an information system,presented in terms of the tangible and intangible economic benefits and costs and the technical and organizational feasibility of the proposed system best defines:
A)Baseline Project Plan
B)Information Systems Plan
C)Business Case
D)Statement of Work
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Multiple Choice
Q 59Q 59
The Project Scope Statement:
A)is a short document prepared for the customer that describes what the project will deliver and outlines all work required to complete the project
B)is useful for ensuring that both you and your customer gain a common understanding of the project
C)is a very easy document to create because it typically consists of a high-level summary of the BPP information
D)all of the above
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Multiple Choice
Q 60Q 60
A document prepared for the customer during project initiation and planning that describes what the project will deliver and outlines generally at a high level all work required to complete the project is the:
A)Information Systems Plan
B)Project Scope Statement
C)Mission Statement
D)Baseline Project Plan
Free
Multiple Choice
Q 61Q 61
To identify the financial benefits and costs associated with the development project is the purpose of:
A)economic feasibility
B)technical feasibility
C)operational feasibility
D)schedule feasibility
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Multiple Choice
Q 62Q 62
Cost reduction and avoidance,error reduction,and increased flexibility are examples of:
A)intangible benefits
B)qualitative benefits
C)tangible benefits
D)legal and contractual benefits
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Multiple Choice
Q 63Q 63
A savings of $3,000 resulting from a data entry error correction would most likely be classified as a(n):
A)intangible benefit
B)qualitative benefit
C)tangible benefit
D)operational benefit
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Multiple Choice
Q 64Q 64
A benefit derived from the creation of an information system that can be measured in dollars and with certainty is a(n):
A)intangible benefit
B)qualitative benefit
C)tangible benefit
D)operational benefit
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Multiple Choice
Q 65Q 65
Tangible benefits would include:
A)improved organizational planning
B)ability to investigate more alternatives
C)improved asset control utilization
D)lower transaction costs
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Multiple Choice
Q 66Q 66
The reduction of waste creation is an example of a(n):
A)intangible benefit
B)qualitative benefit
C)tangible benefit
D)operational benefit
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Multiple Choice
Q 67Q 67
A cost associated with an information system that can be measured in dollars and with certainty is referred to as a(n):
A)economic cost
B)tangible cost
C)intangible cost
D)one-time cost
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Multiple Choice
Q 68Q 68
Which of the following would be classified as a tangible cost?
A)loss of customer goodwill
B)cost of hardware
C)employee morale
D)operational inefficiency
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Multiple Choice
Q 69Q 69
Capital costs,management and staff time,and consulting costs are examples of:
A)project-related costs
B)operating costs
C)start-up costs
D)procurement costs
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Multiple Choice
Q 70Q 70
Infrastructure replacement/improvements,system maintenance costs,and user training and support are examples of:
A)project-related costs
B)operating costs
C)start-up costs
D)procurement costs
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Multiple Choice
Q 71Q 71
Which of the following would be classified as an intangible cost?
A)hardware costs
B)labor costs
C)employee morale
D)operational costs
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Multiple Choice
Q 72Q 72
A cost associated with an information system that cannot be easily measured in terms of dollars or with certainty refers to:
A)economic cost
B)tangible cost
C)intangible cost
D)one-time cost
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Multiple Choice
Q 73Q 73
A cost associated with project start-up and development or system start-up refers to a(n):
A)recurring cost
B)one-time cost
C)incremental cost
D)infrequent cost
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Multiple Choice
Q 74Q 74
A cost resulting from the ongoing evolution and use of a system refers to a(n):
A)recurring cost
B)one-time cost
C)incremental cost
D)frequent cost
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Multiple Choice
Q 75Q 75
Application software maintenance,new software and hardware leases,and incremental communications are examples of:
A)recurring costs
B)one-time costs
C)incremental costs
D)frequent costs
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Multiple Choice
Q 76Q 76
The concept of comparing present cash outlays to future expected returns best defines:
A)cost/benefit analysis
B)internal rate of return
C)time value of money
D)investment return analysis
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Multiple Choice
Q 77Q 77
The rate of return used to compute the present value of future cash flows refers to:
A)discount rate
B)investment rate
C)transfer rate
D)future cash flow rate
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Multiple Choice
Q 78Q 78
The current value of a future cash flow is referred to as its:
A)future value
B)present value
C)investment value
D)discount rate
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Multiple Choice
Q 79Q 79
The analysis technique that uses a discount rate determined from the company's cost of capital to establish the present value of a project is commonly called:
A)return on investment (ROI)
B)break-even analysis (BEA)
C)net present value (NPV)
D)future value (FV)
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Multiple Choice
Q 80Q 80
The ratio of the net cash receipts of the project divided by the cash outlays of the project,enabling tradeoff analysis to be made between competing projects is often referred to as:
A)return on investment (ROI)
B)break-even analysis (BEA)
C)net present value (NPV)
D)future value (FV)
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Multiple Choice
Q 81Q 81
The analysis technique that finds the amount of time required for the cumulative cash flow from a project to equal its initial and ongoing investment is referred to as:
A)return on investment (ROI)
B)break-even analysis (BEA)
C)net present value (NPV)
D)future value (FV)
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Multiple Choice
Q 82Q 82
To gain an understanding of the organization's ability to construct the proposed system is the purpose of:
A)operational feasibility
B)schedule feasibility
C)technical feasibility
D)political feasibility
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Multiple Choice
Q 83Q 83
An assessment of the development group's understanding of the possible target hardware,software,and operating environments,system size,complexity,and the group's experience with similar systems should be included as part of:
A)technical feasibility
B)political feasibility
C)operational feasibility
D)schedule feasibility
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Multiple Choice
Q 84Q 84
When conducting a technical risk assessment,which of the following is true?
A)A project has a greater likelihood of experiencing unforeseen technical problems when the development group lacks knowledge related to some aspect of the technology environment.
B)Large projects are riskier than small projects.
C)Successful IS projects require active involvement and cooperation between the user and development groups.
D)All of the above.
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Multiple Choice
Q 85Q 85
A new system or the renovation of existing systems,user perceptions,and management commitment to the system are examples of which of the following risk factors?
A)development group
B)project structure
C)project size
D)user group
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Multiple Choice
Q 86Q 86
The number of members on the project team,project duration,and the number of organizational departments involved in the project are examples of which of the following risk factors?
A)development group
B)project structure
C)project size
D)user group
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Multiple Choice
Q 87Q 87
To gain an understanding of the likelihood that all potential time frame and completion date schedules can be met and that meeting these dates will be sufficient for dealing with the needs of the organization is the purpose of:
A)schedule feasibility
B)operational feasibility
C)technical feasibility
D)political feasibility
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Multiple Choice
Q 88Q 88
The process of assessing the degree to which a proposed system solves business problems or takes advantage of business opportunities refers to:
A)schedule feasibility
B)operational feasibility
C)technical feasibility
D)political feasibility
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Multiple Choice
Q 89Q 89
The process of assessing potential legal and contractual ramifications due to the construction of a system refers to:
A)technical feasibility
B)legal and contractual feasibility
C)economic feasibility
D)operational feasibility
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Multiple Choice
Q 90Q 90
To gain an understanding of how key stakeholders within the organization view the proposed system is the purpose of:
A)technical feasibility
B)legal and contractual feasibility
C)political feasibility
D)operational feasibility
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Multiple Choice
Q 91Q 91
The following are elements of project planning:
A)describing the physical design statement
B)describing the project scope,alternatives,and feasibility
C)describing the identification of the business mission
D)describing the logical design statement
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Multiple Choice
Q 92Q 92
A peer group review of any product created during the system development process refers to:
A)walkthrough
B)feasibility assessment
C)joint application discussion
D)product evaluation
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Multiple Choice
Q 93Q 93
At a walkthrough meeting,the person who plans the meetings and facilitates a smooth meeting process is referred to as the:
A)presenter
B)coordinator
C)standards bearer
D)maintenance oracle
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Multiple Choice
Q 94Q 94
At a walkthrough meeting,the person (or group)who ensures that the work product meets the needs of the project's customers is referred to as the:
A)coordinator
B)user
C)maintenance oracle
D)standards bearer
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Multiple Choice
Q 95Q 95
At a walkthrough meeting,the person who ensures that the work product adheres to organizational technical standards is referred to as the:
A)coordinator
B)user
C)maintenance oracle
D)standards bearer
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Multiple Choice
Q 96Q 96
At a walkthrough meeting,the person who reviews the work product in terms of future maintenance activities is referred to as the:
A)coordinator
B)user
C)maintenance oracle
D)standards bearer
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Multiple Choice
Q 97Q 97
At walkthrough meetings,there is a need to have individuals play specific roles such as:
A)operating system manager
B)Presenter
C)DBA
D)top management
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Multiple Choice
Q 98Q 98
Which of the following is NOT a role at a walkthrough meeting?
A)coordinator
B)user
C)secretary
D)support staff
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Multiple Choice
Q 99Q 99
Which of the following is NOT a major section of the Baseline Project Plan?
A)design issues
B)introduction
C)system description
D)feasibility assessment
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Multiple Choice
Q 100Q 100
A __________ is the justification for an information system,presented in terms of the tangible and intangible economic benefits and costs and the technical and organizational feasibility of the proposed system.
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Short Answer
Q 101Q 101
The __________ is the major outcome and deliverable from the project initiation and planning phase that contains the best estimate of the project's scope,benefits,costs,risks,and resource requirements.
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Short Answer
Q 102Q 102
The __________ is a document prepared for the customer during project initiation and planning that describes what the project will deliver and outlines generally at a high level all work required to complete the project.
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Short Answer
Q 103Q 103
__________ is the process of identifying the financial benefits and costs associated with a development project.
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Short Answer
Q 104Q 104
A __________ is a benefit derived from the creation of an information system that can be measured in dollars and with certainty.
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Short Answer
Q 105Q 105
An __________ is a benefit derived from the creation of an information system that cannot be easily measured in dollars or with certainty.
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Short Answer
Q 106Q 106
A __________ is a cost associated with an information system that can be easily measured in dollars and with certainty.
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Short Answer
Q 107Q 107
An __________ is a cost associated with an information system that cannot be easily measured in terms of dollars or with certainty.
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Short Answer
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Short Answer
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Short Answer
Q 110Q 110
The __________ is the concept of comparing present cash outlays to future expected returns.
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Short Answer
Q 111Q 111
The __________ is the rate of return used to compute the present value of future cash flows.
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Short Answer
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Short Answer
Q 113Q 113
__________ finds the amount of time required for the cumulative cash flow from a project to equal its initial and ongoing investment.
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Short Answer
Q 114Q 114
__________ is the ratio of the net cash receipts of the project divided by the cash outlays of the project.
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Short Answer
Q 115Q 115
__________ uses a discount rate determined from the company's cost of capital to establish the present value of the project.
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Short Answer
Q 116Q 116
__________ is the process of assessing the development organization's ability to construct a proposed system.
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Short Answer
Q 117Q 117
__________ is the process of assessing the degree to which a proposed system solves business problems or takes advantage of business opportunities.
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Short Answer
Q 118Q 118
__________ is the process of assessing the degree to which the potential time frame and completion dates for all major activities within a project meet organizational deadlines and constraints for affecting change.
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Short Answer
Q 119Q 119
__________ is the process of assessing potential legal and contractual ramifications due to the construction of a system.
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Short Answer
Q 120Q 120
__________ is the process of evaluating how key stakeholders within the organization view the proposed system.
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Short Answer
Q 121Q 121
A __________ is a peer group review of any product created during the systems development process.
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Short Answer
Q 122Q 122
Referencing a walkthrough meeting,the __________ plans the meeting and facilitates a smooth meeting process.
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Short Answer
Q 123Q 123
Referencing a walkthrough meeting,the __________ ensures that the work product adheres to organizational technical standards.
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Short Answer
Q 124Q 124
Referencing a walkthrough meeting,the __________,reviews the work product in terms of future maintenance activities.
Free
Short Answer
Q 125Q 125
Match each of the following terms with its definition.
a.economic feasibility
b.legal and contractual feasibility
c.operational feasibility
d.political feasibility
e.schedule feasibility
f.technical feasibility
-A process of identifying the financial benefits and costs associated with a development project.
Free
Short Answer
Q 126Q 126
Match each of the following terms with its definition.
a.economic feasibility
b.legal and contractual feasibility
c.operational feasibility
d.political feasibility
e.schedule feasibility
f.technical feasibility
-The process of assessing the degree to which the potential time frame and completion dates for all major activities within a project meet organizational deadlines and constraints for affecting change.
Free
Short Answer
Q 127Q 127
Match each of the following terms with its definition.
a.economic feasibility
b.legal and contractual feasibility
c.operational feasibility
d.political feasibility
e.schedule feasibility
f.technical feasibility
-The process of evaluating how key stakeholders within the organization view the proposed system.
Free
Short Answer
Q 128Q 128
Match each of the following terms with its definition.
a.economic feasibility
b.legal and contractual feasibility
c.operational feasibility
d.political feasibility
e.schedule feasibility
f.technical feasibility
-The process of assessing the degree to which a proposed system solves business problems or takes advantage of business opportunities.
Free
Short Answer
Q 129Q 129
Match each of the following terms with its definition.
a.economic feasibility
b.legal and contractual feasibility
c.operational feasibility
d.political feasibility
e.schedule feasibility
f.technical feasibility
-The process of assessing potential legal and contractual ramifications due to the construction of a system.
Free
Short Answer
Q 130Q 130
Match each of the following terms with its definition.
a.economic feasibility
b.legal and contractual feasibility
c.operational feasibility
d.political feasibility
e.schedule feasibility
f.technical feasibility
-A process of assessing the development organization's ability to construct a proposed system.
Free
Short Answer
Q 131Q 131
Match each of the following terms with its definition.
a.intangible benefit
b.intangible cost
c.one-time cost
d.recurring cost
e.tangible benefit
f.tangible cost
-A cost associated with an information system that can be measured in dollars and with certainty.
Free
Short Answer
Q 132Q 132
Match each of the following terms with its definition.
a.intangible benefit
b.intangible cost
c.one-time cost
d.recurring cost
e.tangible benefit
f.tangible cost
-A benefit derived from the creation of an information system that can be measured in dollars and with certainty.
Free
Short Answer
Q 133Q 133
Match each of the following terms with its definition.
a.intangible benefit
b.intangible cost
c.one-time cost
d.recurring cost
e.tangible benefit
f.tangible cost
-A cost resulting from the ongoing evolution and use of a system.
Free
Short Answer
Q 134Q 134
Match each of the following terms with its definition.
a.intangible benefit
b.intangible cost
c.one-time cost
d.recurring cost
e.tangible benefit
f.tangible cost
-A cost associated with project start-up and development,or system start-up.
Free
Short Answer
Q 135Q 135
Match each of the following terms with its definition.
a.intangible benefit
b.intangible cost
c.one-time cost
d.recurring cost
e.tangible benefit
f.tangible cost
-A cost associated with an information system that cannot be easily measured in terms of dollars or with certainty.
Free
Short Answer
Q 136Q 136
Match each of the following terms with its definition.
a.intangible benefit
b.intangible cost
c.one-time cost
d.recurring cost
e.tangible benefit
f.tangible cost
-A benefit derived from the creation of an information system that cannot be easily measured in dollars or with certainty.
Free
Short Answer
Q 137Q 137
Match each of the following terms with its definition.
a.Baseline Project Plan
b.discount rate
c.economic feasibility
d.intangible benefit
e.intangible cost
f.legal and contractual feasibility
g.operational feasibility
h.one-time cost
i.political feasibility
j.present value
k.recurring cost
l.schedule feasibility
m.Project Scope Statement
n.tangible benefit
o.tangible cost
p.technical feasibility
q.walkthrough
-The rate of return used to compute the present value of future cash flows.
Free
Short Answer
Q 138Q 138
Match each of the following terms with its definition.
a.Baseline Project Plan
b.discount rate
c.economic feasibility
d.intangible benefit
e.intangible cost
f.legal and contractual feasibility
g.operational feasibility
h.one-time cost
i.political feasibility
j.present value
k.recurring cost
l.schedule feasibility
m.Project Scope Statement
n.tangible benefit
o.tangible cost
p.technical feasibility
q.walkthrough
-A major outcome and deliverable from the project initiation and planning phase that contains the best estimate of a project's scope,benefits,costs,risks,and resource requirements.
Free
Short Answer
Q 139Q 139
Match each of the following terms with its definition.
a.Baseline Project Plan
b.discount rate
c.economic feasibility
d.intangible benefit
e.intangible cost
f.legal and contractual feasibility
g.operational feasibility
h.one-time cost
i.political feasibility
j.present value
k.recurring cost
l.schedule feasibility
m.Project Scope Statement
n.tangible benefit
o.tangible cost
p.technical feasibility
q.walkthrough
-A peer group review of any product created during the system development process.
Free
Short Answer
Q 140Q 140
Match each of the following terms with its definition.
a.Baseline Project Plan
b.discount rate
c.economic feasibility
d.intangible benefit
e.intangible cost
f.legal and contractual feasibility
g.operational feasibility
h.one-time cost
i.political feasibility
j.present value
k.recurring cost
l.schedule feasibility
m.Project Scope Statement
n.tangible benefit
o.tangible cost
p.technical feasibility
q.walkthrough
-The current value of a future cash flow.
Free
Short Answer
Q 141Q 141
Match each of the following terms with its definition.
a.Baseline Project Plan
b.discount rate
c.economic feasibility
d.intangible benefit
e.intangible cost
f.legal and contractual feasibility
g.operational feasibility
h.one-time cost
i.political feasibility
j.present value
k.recurring cost
l.schedule feasibility
m.Project Scope Statement
n.tangible benefit
o.tangible cost
p.technical feasibility
q.walkthrough
-A cost associated with an information system that can be measured in dollars and with certainty.
Free
Short Answer
Q 142Q 142
Match each of the following terms with its definition.
a.Baseline Project Plan
b.discount rate
c.economic feasibility
d.intangible benefit
e.intangible cost
f.legal and contractual feasibility
g.operational feasibility
h.one-time cost
i.political feasibility
j.present value
k.recurring cost
l.schedule feasibility
m.Project Scope Statement
n.tangible benefit
o.tangible cost
p.technical feasibility
q.walkthrough
-A benefit derived from the creation of an information system that can be measured in dollars and with certainty.
Free
Short Answer
Q 143Q 143
Match each of the following terms with its definition.
a.Baseline Project Plan
b.discount rate
c.economic feasibility
d.intangible benefit
e.intangible cost
f.legal and contractual feasibility
g.operational feasibility
h.one-time cost
i.political feasibility
j.present value
k.recurring cost
l.schedule feasibility
m.Project Scope Statement
n.tangible benefit
o.tangible cost
p.technical feasibility
q.walkthrough
-A cost resulting from the ongoing evolution and use of a system.
Free
Short Answer
Q 144Q 144
Match each of the following terms with its definition.
a.Baseline Project Plan
b.discount rate
c.economic feasibility
d.intangible benefit
e.intangible cost
f.legal and contractual feasibility
g.operational feasibility
h.one-time cost
i.political feasibility
j.present value
k.recurring cost
l.schedule feasibility
m.Project Scope Statement
n.tangible benefit
o.tangible cost
p.technical feasibility
q.walkthrough
-A cost associated with project startup and development or system startup.
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Short Answer
Q 145Q 145
Match each of the following terms with its definition.
a.Baseline Project Plan
b.discount rate
c.economic feasibility
d.intangible benefit
e.intangible cost
f.legal and contractual feasibility
g.operational feasibility
h.one-time cost
i.political feasibility
j.present value
k.recurring cost
l.schedule feasibility
m.Project Scope Statement
n.tangible benefit
o.tangible cost
p.technical feasibility
q.walkthrough
-A cost associated with an information system that cannot be easily measured in terms of dollars or with certainty.
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Short Answer
Q 146Q 146
Match each of the following terms with its definition.
a.Baseline Project Plan
b.discount rate
c.economic feasibility
d.intangible benefit
e.intangible cost
f.legal and contractual feasibility
g.operational feasibility
h.one-time cost
i.political feasibility
j.present value
k.recurring cost
l.schedule feasibility
m.Project Scope Statement
n.tangible benefit
o.tangible cost
p.technical feasibility
q.walkthrough
-A benefit derived from the creation of an information system that cannot be easily measured in dollars or with certainty.
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Short Answer
Q 147Q 147
Match each of the following terms with its definition.
a.Baseline Project Plan
b.discount rate
c.economic feasibility
d.intangible benefit
e.intangible cost
f.legal and contractual feasibility
g.operational feasibility
h.one-time cost
i.political feasibility
j.present value
k.recurring cost
l.schedule feasibility
m.Project Scope Statement
n.tangible benefit
o.tangible cost
p.technical feasibility
q.walkthrough
-A document prepared for the customer during project initiation and planning that describes what the project will deliver and outlines generally at a high level all work required to complete the project.
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Short Answer
Q 148Q 148
Match each of the following terms with its definition.
a.Baseline Project Plan
b.discount rate
c.economic feasibility
d.intangible benefit
e.intangible cost
f.legal and contractual feasibility
g.operational feasibility
h.one-time cost
i.political feasibility
j.present value
k.recurring cost
l.schedule feasibility
m.Project Scope Statement
n.tangible benefit
o.tangible cost
p.technical feasibility
q.walkthrough
-A process of identifying the financial benefits and costs associated with a development project.
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Short Answer
Q 149Q 149
Match each of the following terms with its definition.
a.Baseline Project Plan
b.discount rate
c.economic feasibility
d.intangible benefit
e.intangible cost
f.legal and contractual feasibility
g.operational feasibility
h.one-time cost
i.political feasibility
j.present value
k.recurring cost
l.schedule feasibility
m.Project Scope Statement
n.tangible benefit
o.tangible cost
p.technical feasibility
q.walkthrough
-The process of assessing the degree to which the potential time frame and completion dates for all major activities within a project meet organizational deadlines and constraints for affecting change.
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Short Answer
Q 150Q 150
Match each of the following terms with its definition.
a.Baseline Project Plan
b.discount rate
c.economic feasibility
d.intangible benefit
e.intangible cost
f.legal and contractual feasibility
g.operational feasibility
h.one-time cost
i.political feasibility
j.present value
k.recurring cost
l.schedule feasibility
m.Project Scope Statement
n.tangible benefit
o.tangible cost
p.technical feasibility
q.walkthrough
-The process of evaluating how key stakeholders within the organization view the proposed system.
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Short Answer
Q 151Q 151
Match each of the following terms with its definition.
a.Baseline Project Plan
b.discount rate
c.economic feasibility
d.intangible benefit
e.intangible cost
f.legal and contractual feasibility
g.operational feasibility
h.one-time cost
i.political feasibility
j.present value
k.recurring cost
l.schedule feasibility
m.Project Scope Statement
n.tangible benefit
o.tangible cost
p.technical feasibility
q.walkthrough
-The process of assessing the degree to which a proposed system solves business problems or takes advantage of business opportunities.
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Short Answer
Q 152Q 152
Match each of the following terms with its definition.
a.Baseline Project Plan
b.discount rate
c.economic feasibility
d.intangible benefit
e.intangible cost
f.legal and contractual feasibility
g.operational feasibility
h.one-time cost
i.political feasibility
j.present value
k.recurring cost
l.schedule feasibility
m.Project Scope Statement
n.tangible benefit
o.tangible cost
p.technical feasibility
q.walkthrough
-The process of assessing potential legal and contractual ramifications due to the construction of a system.
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Short Answer
Q 153Q 153
Match each of the following terms with its definition.
a.Baseline Project Plan
b.discount rate
c.economic feasibility
d.intangible benefit
e.intangible cost
f.legal and contractual feasibility
g.operational feasibility
h.one-time cost
i.political feasibility
j.present value
k.recurring cost
l.schedule feasibility
m.Project Scope Statement
n.tangible benefit
o.tangible cost
p.technical feasibility
q.walkthrough
-A process of assessing the development organization's ability to construct a proposed system.
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Short Answer
Q 154Q 154
For each of the following walkthrough roles,match it with its description.
a.coordinator
b.maintenance oracle
c.presenter
d.secretary
e.standards bearer
f.user
-This person reviews the work product in terms of future maintenance activities.
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Short Answer
Q 155Q 155
For each of the following walkthrough roles,match it with its description.
a.coordinator
b.maintenance oracle
c.presenter
d.secretary
e.standards bearer
f.user
-This person ensures that the work product adheres to organizational standards.
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Short Answer
Q 156Q 156
For each of the following walkthrough roles,match it with its description.
a.coordinator
b.maintenance oracle
c.presenter
d.secretary
e.standards bearer
f.user
-This person plans the meeting and facilitates a smooth meeting process.
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Short Answer
Q 157Q 157
For each of the following walkthrough roles,match it with its description.
a.coordinator
b.maintenance oracle
c.presenter
d.secretary
e.standards bearer
f.user
-This person describes the work product to the group.
Free
Short Answer
Q 158Q 158
For each of the following walkthrough roles,match it with its description.
a.coordinator
b.maintenance oracle
c.presenter
d.secretary
e.standards bearer
f.user
-This person ensures that the work product meets the needs of the project's customers.
Free
Short Answer
Q 159Q 159
For each of the following walkthrough roles,match it with its description.
a.coordinator
b.maintenance oracle
c.presenter
d.secretary
e.standards bearer
f.user
-This person takes notes and records decisions or recommendations made by the group.
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Short Answer
Q 160Q 160
Match each of the following feasibility criteria with its purpose.
a.economic
b.legal and contractual
c.operational
d.political
e.schedule
f.technical
-To gain an understanding of the degree to which the proposed system will likely solve the business problems or take advantage of the opportunities outlined in the systems service request or project identification study.
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Short Answer
Q 161Q 161
Match each of the following feasibility criteria with its purpose.
a.economic
b.legal and contractual
c.operational
d.political
e.schedule
f.technical
-To gain an understanding of the organization's ability to construct the proposed system.
Free
Short Answer
Q 162Q 162
Match each of the following feasibility criteria with its purpose.
a.economic
b.legal and contractual
c.operational
d.political
e.schedule
f.technical
-To provide an understanding of any potential legal ramifications due to the construction of the system.
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Short Answer
Q 163Q 163
Match each of the following feasibility criteria with its purpose.
a.economic
b.legal and contractual
c.operational
d.political
e.schedule
f.technical
-To evaluate how key stakeholders within the organization view the proposed system.
Free
Short Answer
Q 164Q 164
Match each of the following feasibility criteria with its purpose.
a.economic
b.legal and contractual
c.operational
d.political
e.schedule
f.technical
-To provide an understanding of the likelihood that all potential time frames and completion date schedules can be met,and that meeting these dates will be sufficient for dealing with the needs of the organization.
Free
Short Answer
Q 165Q 165
Match each of the following feasibility criteria with its purpose.
a.economic
b.legal and contractual
c.operational
d.political
e.schedule
f.technical
-To identify the financial benefits and costs associated with the development project.
Free
Short Answer
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Q 169Q 169
Describe the differences between tangible and intangible benefits and costs,and between one-time and recurring benefits and costs.
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Q 171Q 171
Assume a proposed system has a useful life of 5 years,one-time costs of $50,000,recurring costs of $25,000 per year,and tangible benefits of $45,000 per year.If the cost of capital is 10%,what is the overall NPV? Overall ROI? Break-even point?
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Q 172Q 172
Assume a proposed system has a useful life of 5 years,one-time costs of $250,000,recurring costs of $80,000 per year,and tangible benefits of $175,000 per year.If the cost of capital is 12%,what is the overall NPV? Overall ROI? Break-even point?
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Q 173Q 173
Assume a proposed system has a useful life of 5 years,one-time costs of $1,000,000,recurring costs of $250,000 per year,and tangible benefits of $750,000 per year.If the cost of capital is 10%,what is the overall NPV? Overall ROI? Break-even point?
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Q 174Q 174
Assume a proposed system has a useful life of 5 years,one-time costs of $50,000,recurring costs of $25,000 per year,and tangible benefits of $35,000 per year.If the cost of capital is 10%,what is the overall NPV? Overall ROI? Break-even point?
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Q 175Q 175
Assume a proposed system has a useful life of 5 years,one-time costs of $1,000,000,recurring costs of $250,000 per year,and tangible benefits of $750,000 per year.If the cost of capital is 10%,what is the overall NPV? Overall ROI? Break-even point?
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