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Project managers should never be involved in strategic planning and project selection.

A) True
B) False

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____________________ are chances to improve the organization.

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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
B) determine the discount rate
C) calculate the net present value
D) determine the cash flow

E) A) and D)
F) C) and D)

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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

E) B) and D)
F) B) and C)

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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

E) A) and D)
F) B) and C)

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Many information systems are classified as "____________________" because they directly support key business strategies.

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Project integration management must occur just within the context of a particular project.

A) True
B) False

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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

E) B) and C)
F) A) and D)

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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.

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


A) Opportunities
B) Commands
C) Problems
D) Directives

E) A) and B)
F) C) and D)

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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 ____________________.

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____ 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

E) All of the above
F) A) and B)

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The introduction or overview of a project must only include a list of definitions and acronyms.

A) True
B) False

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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

E) C) and D)
F) All of the above

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In the ____ information technology planning stage,the analysis outlines business processes that are central to achieving 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

E) A) and D)
F) All of the above

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B

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

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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

E) B) and C)
F) A) and B)

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D

All projects can benefit from using some type of project management information system to coordinate and communicate project information.

A) True
B) False

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True

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

E) A) and D)
F) A) and B)

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Author ____,who developed the concept of the strategic value of competitive advantage,has written several books and articles on strategic planning and competition.


A) James Bacon
B) Michael Porter
C) Robert Cooper
D) Carol Matlack

E) A) and C)
F) A) and B)

Correct Answer

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