Chapter 14 Project Management, Business Value, and Managing Change
1) Between 30 and 40 percent of all software projects are "runaway" projects that far exceed original schedule and budget projections.
Answer: TRUE
Diff: 2 Type: TF Page Ref: 442
AACSB: Reflective thinking skills
CASE: Content
A-level Heading: 14.1 The Importance Of Project Management
2) As a member of senior management, the CIO is responsible for strategic level IS planning and for ensuring that all IS plans, systems, and operations support the organization's overall strategy.
Answer: TRUE
Diff: 2 Type: TF Page Ref: 445
AACSB: Reflective thinking skills
CASE: Content
A-level Heading: 14.2 Selecting Projects
3) The MIS steering committee sets policy and priorities for the IS department, including approving budgets for major projects and hearing progress reports on those major projects.
Answer: TRUE
Diff: 2 Type: TF Page Ref: 445
AACSB: Reflective thinking skills
CASE: Content
A-level Heading: 14.2 Selecting Projects
4) Again, like every other department, the IS department should conduct periodic planning at all levels.
Answer: TRUE
Diff: 2 Type: TF Page Ref: 445
AACSB: Reflective thinking skills
CASE: Content
A-level Heading: 14.2 Selecting Projects
5) In nearly every organization, information systems projects take much less time and money to implement than originally anticipated, or the completed system does not work properly.
Answer: FALSE
Diff: 2 Type: TF Page Ref: 442
AACSB: Reflective thinking skills
CASE: Content
A-level Heading: 14.1 The Importance Of Project Management
6) The development of a new system must be carefully managed and orchestrated, and the way a project is executed is likely to be the least important factor influencing its outcome.
Answer: FALSE
Diff: 2 Type: TF Page Ref: 442
AACSB: Reflective thinking skills
CASE: Content
A-level Heading: