1. On average, private sector IT projects underestimated budget and delivery time of systems by ________ percent.
a. 30
b. 40
c. 50
d. 60
2. The major variables in project management are
a. scope, time, cost, and performance.
b. scope, time, cost, quality, and risk.
c. time, cost, quality, performance, and risk.
d. time, cost, scope, and performance.
3. The ________ reviews and approves plans for systems in all divisions.
a. project management group
b. project team
c. IS steering committee
d. corporate strategic planning committee
4. A road map indicating the direction of systems development, the rationale, the current systems, new developments to consider, the management strategy, the implementation plan, and the budget is called a(n)
a. project plan.
b. portfolio analysis.
c. information systems plan.
d. enterprise analysis.
5. The central method used in a portfolio analysis is to
a. inventory all of the organization`s information systems projects and assets.
b. perform a weighted comparison of the criteria used to evaluate a system.
c. survey a large sample of managers on their objectives, decision-making process, and uses and needs for data and information.
d. interview a small number of top managers to identify their goals and criteria for achieving success.
6. In using a portfolio analysis to determine which IT projects to pursue, you would
a. select the most low-risk projects from the inventory.
b. limit work to those projects with great rewards.
c. select only low-risk, high-reward projects.
d. balance high-risk, high reward projects with lower-risk projects.
7. The central method used in a scoring model is to
a. inventory all of the organization`s information systems projects and assets.
b. perform a weighted comparison of the criteria used to evaluate a system.
c. survey a large sample of managers on their objectives, decision-making process, and uses