Question 1

Who is typically responsible for performing the PIP process?

Accepted Answer

C

Question 2

A project must have a positive ROI to be approved for continuation.

Accepted Answer

A project can be approved for continuation based on other factors such as strategic alignment, potential for future profits, market share expansion, or other non-financial benefits, even if the current ROI is not positive.

Question 3

The more complex organizational settings are for projects,the less time it takes for analysis because the company has more resources.

Accepted Answer

The more complex organizational settings are for projects, the more time it typically takes for analysis because there are more factors and relationships to consider. The availability of resources may vary depending on the organization, but it does not necessarily mean less time for analysis.

Question 4

________ is the process of defining clear activities necessary to complete activities in a single project.

Accepted Answer

Project planning is the process of defining clear and concise activities required to accomplish project objectives. It involves identifying project goals, objectives, timelines, deliverables, resources, and risks. Project planning is crucial to ensure that the project is executed efficiently and effectively, and to avoid any potential delays, scope creep, or budget overruns.

Question 5

Which of the following is NOT a question asked to determine if project initiation and planning has ended and analysis has begun?

Accepted Answer

The answer of Which of the following is NOT a...

Question 6

What is the term that describes the best estimate of a project's scope,benefits,cost,and resources?

Accepted Answer

The term that describes the best estimate of a project's scope, benefits, cost, and resources is the baseline project plan. The project charter defines the high-level scope and objectives of the project but does not provide detailed estimates of the project's cost and resources. The resource plan describes how the project team will be staffed and managed but does not provide estimates of the project's scope, benefits, or cost. The management procedure is a general term that does not specifically refer to the best estimate of a project's scope, benefits, cost, and resources.

Question 7

What is an example of a project assumption?

Accepted Answer

Potential problems can be considered project assumptions because they are assumptions made about issues or obstacles that may arise during the project's execution.

Question 8

Why is PIP challenging?

Accepted Answer

PIP is challenging because it involves turning a vague system request into a detailed project description, which requires a lot of analysis and can be a difficult task.

Question 9

What of the following is NOT a purpose for a baseline project plan?

Accepted Answer

Eliminating risks entirely is not a purpose of a baseline project plan. Baseline plans help in quantifying resources, decision-making on project continuation, and serve as a repository for information, but they cannot eliminate all risks, only help in managing them.

Question 10

Small projects do not have any risk.

Accepted Answer

Even small projects have some level of risk involved. The magnitude of risk may differ based on the size and complexity of the project, but it cannot be completely eliminated.

Question 11

Which document outlines all work required to complete the project?

Accepted Answer

The project scope document outlines all the work required to complete the project, including deliverables, timelines, and resources needed. A baseline project plan is a snapshot of the project after planning has been completed, a business plan outlines the overall strategy and goals of the organization, and a feasibility document evaluates the viability of the project.

Question 12

Project identification and selection is also known as ________.

Accepted Answer

Project identification and selection is considered a preproject step because it is done before any actual project work begins. It involves examining potential projects, assessing their feasibility, and selecting the most promising one to pursue further. The project ID is simply a unique identifier for the chosen project, whereas project selection is just one component of the overall identification and selection process.

Question 13

When projects are across departments with different objectives,it may be difficult to get parties to agree on the direction of the project.

Accepted Answer

When departments have different objectives, their priorities and goals may not align with each other, making it challenging to come to a consensus on the direction of the project.

Question 14

Every project uses all of the project initiation activities.

Accepted Answer

While many projects will use some of the project initiation activities, not all projects will require every single activity to be completed. The specific activities needed will depend on the nature and scope of the project.

Question 15

For risker projects,the return is typically greater.

Accepted Answer

This statement is generally true, as riskier projects typically involve more uncertainty and higher potential for reward or failure. However, it is not always the case that riskier projects will have greater returns, as individual project circumstances can vary.

Question 16

The useful life of many IS may not exceed five years.

Accepted Answer

The rapid advancement in technology and the need to keep up with new requirements and updates means that many IS have a short lifecycle and may become obsolete after around five years.

Question 17

Which of the following is NOT a part of project initiation?

Accepted Answer

Creating a project budget is not a part of project initiation. It is a part of project planning. Project initiation involves creating the project initiation team, establishing management procedures, and developing the project charter.

Question 18

Development of an executive support system is an example of risky project.

Accepted Answer

Developing an executive support system involves dealing with sensitive and confidential information, coordinating with multiple departments, and ensuring data accuracy, which can make the project high-risk. Additionally, if the executive support system is not developed according to the needs of the executives, it can result in low user adoption and project failure.

Question 19

Building an economic case for a project is an open ended activity.

Accepted Answer

Building an economic case involves analyzing costs and benefits, forecasting cash flows, identifying risks and uncertainties, and evaluating the financial viability of a project. As such, it is open ended and requires ongoing analysis and adjustments throughout the project lifecycle.

Question 20

All of the following are part of project planning except ________.

Accepted Answer

Organizing the team is more related to project execution rather than planning. Planning involves creating a resource plan, identifying risks, and developing the project scope, all of which are done before the project execution phase where the team organization takes place.

Quiz 5: Initiating and Planning Systems Development Projects