Question 1

The _____ is the sequence of tasks that determines the overall completion time of the project.

Accepted Answer

The critical path is the sequence of project network activities which add up to the longest overall duration, determining the shortest time to complete the project.

Question 2

Tasks not on the critical path may have the luxury of extra time, called _____, for completing the work.

Accepted Answer

Slack is the term used to describe the extra time that tasks not on the critical path may have before their delay affects the project's completion date.

Question 3

In addition to time, cost, scope and quality, what is the other choice an organization must consider?

Accepted Answer

The answer of In addition to time, cost, scope and...

Question 4

Which one of the following is not an organizational response to risk?

Accepted Answer

Risk behavior is not a recognized organizational response to risk; the others are standard risk management strategies.

Question 5

Which one of the following IS project team skills represents a knowledge of techniques for ensuring that a project is successfully completed on time?

Accepted Answer

Project management skills involve knowledge of techniques and tools for planning, executing, and completing projects on time and within budget.

Question 6

Risks are unavoidable; however, making sure that contingency plans are in place defines:

Accepted Answer

The answer of Risks are unavoidable; however, making sure that...

Question 7

A(n) __________ chart is used to show the sequences of project activities and to identify the critical path.

Accepted Answer

A PERT (Program Evaluation and Review Technique) chart is used to show the sequences of project activities and to identify the critical path.

Question 8

Postponing exposure to risk until resources are available to address risk defines:

Accepted Answer

Risk deferral involves delaying exposure to a risk until the necessary resources are available to manage or mitigate it effectively.

Question 9

Project management tasks include all of the following activities EXCEPT:

Accepted Answer

Analysis and design are typically considered part of the project's scope but are not project management tasks in themselves. Project management focuses on planning, executing, and monitoring the project, including scope, time, cost, and quality management.

Question 10

All of the following methods are used by businesses to deal with risk EXCEPT:

Accepted Answer

Risk-safety matrix is not a commonly recognized method for businesses to deal with risk. The standard methods include risk avoidance, acceptance, transfer, and sometimes deferral, but a risk-safety matrix is more of an analytical tool used in assessing and managing risks, rather than a method for dealing directly with them.

Question 11

All of the following are core functions that lead to specific project objectives EXCEPT:

Accepted Answer

Risk management is a supportive function that helps in achieving project objectives by identifying, assessing, and managing risks, rather than being a core function that directly leads to specific project objectives like scope, time, cost, and quality management.

Question 12

What is the response for assigning the risk to someone who is more able to deal with it?

Accepted Answer

Risk Transfer is the correct response because it involves shifting the risk and its management to another party who is better equipped to handle it, often through mechanisms like insurance or outsourcing.

Question 13

What is action for knowing that risks will occur and ensuring that contingency plans are in place?

Accepted Answer

The answer of What is action for knowing that risks...

Question 14

The scope and complexity of an IS development project is:

Accepted Answer

The scope and complexity of an Information System (IS) development project often make it difficult to manage due to various factors such as changing requirements, technological challenges, and coordination among diverse teams.

Question 15

What helps the project manager to ensure that the project is meeting the schedule, budget, and quality targets?

Accepted Answer

Time tracking helps the project manager monitor progress against the schedule, ensuring that the project is on track to meet its deadlines, budget, and quality targets.

Question 16

What PM software includes a shared database as well as e-mail, chat, and virtual meeting capabilities?

Accepted Answer

Collaboration software typically includes features like a shared database, e-mail, chat, and virtual meeting capabilities to facilitate teamwork and communication.

Question 17

The typical IS team has a/an _____ that ensures the project goals correspond to the organization's business objectives and is often a senior executive or someone in a position of authority.

Accepted Answer

The project sponsor is typically a senior executive or someone in a position of authority who ensures that the project goals align with the organization's business objectives. They provide oversight, resources, and support to the project.

Question 18

A/An _____ actually creates the system itself by coding and deploying the technical infrastructure of the system and programming it to perform required tasks.

Accepted Answer

Developers are responsible for creating the system itself through coding and deploying the technical infrastructure, as well as programming it to perform the required tasks.

Question 19

A/An _____ may have many titles, but they all provide the methods and processes to translate high level requirements in their particular area into lower levels of detail that can be turned into code by programmers.

Accepted Answer

Analysts are responsible for breaking down high-level requirements into detailed specifications that programmers can use to write code. They bridge the gap between the conceptual understanding of what needs to be achieved and the technical implementation.

Question 20

A/An _____ demands knowledge of methods and techniques to ensure delivery of the project on time and on budget, and the ability to communicate project goals and requirements to the project team and to co-ordinate the workflows of everyone on the project team.

Accepted Answer

A Project Manager is responsible for planning, executing, and closing projects, ensuring they are completed on time, on budget, and within scope. This role demands a comprehensive understanding of project management methodologies and the ability to communicate effectively with the project team to coordinate their efforts.

Quiz 6: Managing Is Projects and Creating Is Solutions