Directing and managing project execution involves carrying out the project management plan by performing the activities

included in it. Many people consider project integration management the key to overall project success. Project integration management does not include interface management. The number of interfaces can increase exponentially as the number of people involved in a project increases. Project integration management must occur just within the context of a particular project. Project managers should never be involved in strategic planning and project selection. Strategic planning involves determining long-term objectives by analyzing the strengths and weaknesses of an organization, studying opportunities and threats in the business environment, predicting future trends, and projecting the need for new products and services. An organization's information technology project selection process should guide the strategic plan. Information systems can help an organization support a strategy of being a low-cost producer. Selecting projects is considered an exact science.

*a. True b. False

*a. True b. False a. True *b. False *a. True b. False a. True *b. False a. True *b. False *a. True b. False

a. True *b. False *a. True b. False a. True *b. False

As projects progress, the organization must reevaluate the need, funding, and will for each project to determine if the project should be continued, redefined, or terminated.

*a. True b. False

Opportunities and directives are essentially the same thing.

a. True *b. False

Many problems and directives must be resolved quickly.

*a. True b. False

The organization should complete low-priority projects before high-priority ones, if the low-priority ones take less time. You can use the NPV function in Microsoft Access to calculate the NPV quickly. Net present value and cash flow mean the same thing.

a. True *b. False a. True *b. False a. True *b. False

An annual discount factor is a multiplier for each year based on the discount rate and year. The ROI is always positive.

*a. True b. False a. True *b. False

Payback period is the amount of time it will take to recoup, in the form of net cash inflows, the total dollars invested in a project. The first step in creating a weighted scoring model is to assign a weight to each criterion. A project charter typically does not authorize the project manager to use organizational resources to complete the project. Some people might use a contract in place of a charter.

*a. True b. False

a. True *b. False a. True *b. False

*a. True b. False

Many projects fail because of unclear requirements and expectations, so starting with a project charter makes a lot of

*a. True b. False

sense. Project management plans document project planning assumptions and decisions regarding choices. The introduction or overview of a project must only include a list of definitions and acronyms. A stakeholder analysis should be part of the overall project plan. The key deliverables section of the project management plan should describe the quality expectations for the product deliverables. A commonsense approach to improving the coordination between project plan development and execution is to follow this simple rule: Those who will do the work should not plan the work. Many organizations have found that large information technology projects require experienced general managers who understand the business and application area of the technology, not the technology itself. All projects can benefit from using some type of project management information system to coordinate and communicate project information. There are ____ main processes involved in project integration management. a. three b. six c. ten d. fifteen ____ involves working with stakeholders to create the a. Developing the b. six *a. True b. False *a. True b. False a. True *b. False *a. True b. False a. True *b. False a. True *b. False *a. True b. False

document that formally authorizes a project. a. Developing the project charter b. Developing the preliminary project scope statement c. Developing the project management plan d. Directing and managing project execution ____ involves coordinating all planning efforts to create a consistent, coherent document. a. Developing the project charter b. Developing the preliminary project scope statement c. Developing the project management plan d. Directing and managing project execution The outputs of ____ include change request status updates, project management plan updates, and project document updates. a. monitoring and controlling the project work b. closing the project c. developing the project management plan d. performing integrated change control Many people are familiar with SWOT analysisanalyzing Strengths, Weaknesses, Opportunities, and Threatswhich is used to aid in ____. a. project initiation b. project planning c. strategic planning d. strategic initiation The ____ step in the planning process is to tie the information technology strategic plan to the organization's overall strategic plan. a. first b. second c. third d. fourth In the ____ information technology planning stage, the analysis outlines business processes that are central to achieving

project charter

c. Developing the project management plan

d. performing integrated change control

c. strategic planning

a. first

b. Business Area Analysis

strategic goals and helps determine which ones could most benefit from information technology. a. Project Planning b. Business Area Analysis c. Resource Allocation d. Information Technology Strategy Planning In the ____ stage, organizations tie information technology strategy to mission and vision of organization and identify key business areas. a. Project Planning b. Business Area Analysis c. Resource Allocation d. Information Technology Strategy Planning In the ____ stage of selecting information technology projects, organizations define project scope, benefits, and constraints. a. Project Planning b. Business Area Analysis c. Resource Allocation d. Information Technology Strategy Planning In the ____ stage of selecting information technology projects, organizations select information technology projects. a. Project Planning b. Business Area Analysis c. Resource Allocation d. Information Technology Strategy Planning Research shows that ____ is the number one reason cited for why organizations invest in information technology projects. a. providing financial incentives b. supporting implicit business objectives c. supporting explicit business objectives d. keeping abreast of technological advances Author ____, who developed the concept of the strategic value of competitive advantage, has written several books and articles on strategic planning and competition. b. Michael Porter c. supporting explicit business objectives c. Resource Allocation a. Project Planning d. Information Technology Strategy Planning

a. James Bacon b. Michael Porter c. Robert Cooper d. Carol Matlack Projects that address ____ are much more likely to be successful because they will be important to the organization. a. a balanced scorecard b. a weighted scoring model c. broad organizational needs d. net present value One method for selecting projects based on ____ is to determine whether they first meet three important criteria: need, funding, and will. a. broad organizational needs b. using a weighted scoring model c. implementing a balanced scorecard d. categorizing information technology projects ____ are new requirements imposed by management, government, or some external influence. a. Opportunities b. Commands c. Problems d. Directives ____ 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. Cost of capital b. Net present value c. Cash flow d. Payback The first step in determining the NPV is to ____. a. determine the estimated costs and benefits for the life of the project and the products it produces a. determine the estimated costs and benefits for the life of b. Net present value d. Directives a. broad organizational needs c. broad organizational needs

b. determine the discount rate c. calculate the net present value d. determine the cash flow In the mathematical formula for determining the NPV, the variable n is ____. a. the year of the cash flow b. the last year of the cash flow c. the amount of cash flow each year d. the discount rate The ____ is the minimum acceptable rate of return on an investment. a. return on investment b. internal rate of return c. external rate of return d. required rate of return You can determine a project's ____ by finding what discount rate results in an NPV of zero for the project. a. internal rate of return (IRR) b. required rate of return c. payback period d. return on investment (ROI) In a weighted scoring model, the sum of all of the criteria's weights must total ____ percent. a. 0 b. 50 c. 100 d. 150 A(n) ____ is a methodology that converts an organization's value drivers, such as customer service, innovation, operational efficiency, and financial performance, to a series of defined metrics. a. payback analysis b. balanced scorecard c. weighted scoring model

the project and the products it produces

b. the last year of the cash flow

d. required rate of return

a. internal rate of return (IRR)

c. 100

b. balanced scorecard

d. net present value analysis A(n) ____ is a document that formally recognizes the existence of a project and provides direction on the project's objectives and management. a. balanced scorecard b. business case c. net present value analysis d. project charter A(n) ____ is a document that describes the products or services to be created by the project team. a. contract b. statement of work c. project charter d. business case ____ support contributes the most to successful information technology projects. a. Stakeholder b. Team c. Executive d. User A(n) ____ is a document used to coordinate all project planning documents and help guide a project's execution and control. a. project management plan b. statement of work c. scope statement d. contact The ____ section of the project plan should describe the major project functions and activities and identify those individuals who are responsible for them. a. organizational charts b. other organizational or process-related information c. project responsibilities d. management objectives c. project responsibilities a. project management plan c. Executive b. statement of work d. project charter

The ____ section of the project management plan describes how to monitor project progress and handle changes. a. management objectives b. project controls c. risk management d. technical processes The ____ section of the project management plan describes specific methodologies a project might use and explains how to document information. a. management objectives b. project controls c. risk management d. technical processes The project schedule information section of the project management plan might include ____. a. a detailed budget b. key deliverables c. a detailed schedule d. project staffing The majority of time on a project is usually spent on ____, as is most of the project's budget. a. execution b. planning c. closing d. monitoring and controlling Most systems analysts begin their careers as ____. a. database administrators b. CEOs c. project managers d. programmers On large projects, many project managers say that ____ percent of the job is communicating and managing changes. a. 50 b. 70

b. project controls

d. technical processes

c. a detailed schedule

a. execution

d. programmers

c. 90

c. 90 d. 100 ____ should result in improvements in project performance. a. Corrective actions b. Corrective reports c. Preventive actions d. Proactive methods ____ provide information on how project execution is going. a. Performance reports b. Change requests c. Deliverables d. Contracts Which of the following is an important input to the integrated change control process? a. Deliverables b. Work performance information c. Approved and rejected change requests d. Approved and validated defect repair A(n) ____ is a formal, documented process that describes when and how official project documents may be changed. a. integrated change control b. change request c. performance report d. change control system A(n) ____ is a formal group of people responsible for approving or rejecting changes to a project. a. CCA b. CCB c. CCC d. CCD ____ ensures that the descriptions of the project's products are correct and complete. c. Configuration management b. CCB d. change control system b. Work performance information a. Performance reports a. Corrective actions

a. CCB b. Correction management c. Configuration management d. Product description management ____ tools track the execution of business process flows and expose how the state of supporting IT systems and resources is impacting end-to-end business process performance in real time. a. BSM b. CCB c. CCA d. BSC ______________________________ involves coordinating all of the other project management knowledge areas throughout a project's life cycle. 335. Chapter 4: Project Integration Management Question CO #2 Good ____________________ management is critical to providing stakeholder satisfaction. 336. Chapter 4: Project Integration Management Question CO #3 ____________________ involves identifying and managing the points of interaction between various elements of the project. 337. Chapter 4: Project Integration Management Question CO #4 Project initiation starts with identifying potential projects, using realistic methods to select which projects to work on, and then formalizing their initiation by issuing some sort of ____________________. 338. Chapter 4: Project Integration Management Question CO #5 The last step in the ____________________ process for selecting Correct Answer(s): a. planning Correct Answer(s): a. project charter Correct Answer(s): a. Interface management Correct Answer(s): a. Project integration management Correct Answer(s): a. project integration a. BSM

information technology projects is choosing which projects to do and assigning resources for working on them. 339. Chapter 4: Project Integration Management Question CO #6 Many information systems are classified as "____________________" because they directly support key business strategies. 340. Chapter 4: Project Integration Management Question CO #7 Many organizations rely on effective _________________________ (NPD) to increase growth and profitability. 341. Chapter 4: Project Integration Management Question CO #8 ____________________ are undesirable situations that prevent an organization from achieving its goals. 342. Chapter 4: Project Integration Management Question CO #9 ____________________ are chances to improve the organization. 343. Chapter 4: Project Integration Management Question CO #10 Even though many information technology projects can be completed quickly, it is still important to ____________________ them. 344. Chapter 4: Project Integration Management Question CO #11 A positive NPV means the return from a project exceeds the ____________________, the return available by investing the capital elsewhere. 345. Chapter 4: Project Integration Management Question CO #12 A(n) ____________________ is the rate used in discounting future Correct Answer(s): a. discount rate Correct Answer(s): a. cost of capital Correct Answer(s): a. prioritize Correct Answer(s): a. Opportunities Correct Answer(s): a. Problems Correct Answer(s): a. new product development Correct Answer(s): a. strategic

cash flow. 346. Chapter 4: Project Integration Management Question CO #13 ______________________________ is the result of subtracting the project costs from the benefits and then dividing by the costs. Correct Answer(s): a. ROI b. Return on investment c. Return on investment (ROI) 347. Chapter 4: Project Integration Management Question CO #14 You can use the ____________________ function in Excel to determine the IRR quickly. 348. Chapter 4: Project Integration Management Question CO #15 A(n) _________________________ is a tool that provides a systematic process for selecting projects based on many criteria. 349. Chapter 4: Project Integration Management Question CO #16 With a(n) ____________________, you can simply add all the points to determine the best projects for selection, without having to multiply weights and scores and sum the results. 350. Chapter 4: Project Integration Management Question CO #17 Enterprise _________________________ include relevant government or industry standards, the organization's infrastructure, and marketplace conditions. 351. Chapter 4: Project Integration Management Question CO #18 ______________________________ include formal and informal plans, policies, procedures, guidelines, information systems, financial systems, management systems, lessons learned, and historical information that can be used to influence a project's Correct Answer(s): a. Organizational process assets Correct Answer(s): a. environmental factors Correct Answer(s): a. point model Correct Answer(s): a. weighted scoring model Correct Answer(s): a. Goal Seek

success. 352. Chapter 4: Project Integration Management Question CO #19 A project manager usually organizes the project work into several work packages using a(n) ______________________________. Correct Answer(s): a. WBS b. work breakdown structure c. work breakdown structure (WBS) 353. Chapter 4: Project Integration Management Question CO #20 The Institute of Electrical and Electronics Engineers (IEEE) Standard 1058-1998 describes the contents of a(n) ________________________________________. Correct Answer(s): a. SPMP b. Software Project Management Plan c. Software Project Management Plan (SPMP) 354. Chapter 4: Project Integration Management Question CO #21 Project managers should not hesitate to consult ____________________ on different topics, such as what methodology to follow, what programming language to use, what training approach to follow, and so on. 355. Chapter 4: Project Integration Management Question CO #22 ____________________ project work includes collecting, measuring, and disseminating performance information. 356. Chapter 4: Project Integration Management Question CO #23 A(n) ____________________ is the approved project management plan plus approved changes. 357. Chapter 4: Project Integration Management Question CO #24 A(n) preventive ____________________ might be modifying a time-tracking system screen to avoid common errors people Correct Answer(s): a. action Correct Answer(s): a. baseline Correct Answer(s): a. Monitoring Correct Answer(s): a. experts

made in the past. 358. Chapter 4: Project Integration Management Question CO #25 _________________________ involves identifying, evaluating, and managing changes throughout the project life cycle. Correct Answer(s): a. Integrated change control