Management Information Systems

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HW9 – due April, 23 11pm

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 and needs for data and information. d. interview a small number of top managers to identify their goals and criteria for achieving success.

8. You have been hired by a pharmaceutical company to evaluate its inventory of systems and IT projects. Which types of projects would be best avoided? a. any high risk projects
b. any low-benefit projects
c. all high-risk, low benefit projects
d. none, any project might be beneficial

9. Which method is used to assign weights to various features of a system? a. information systems plan
b. scoring model
c. portfolio analysis
d. CSF

10. The worth of systems from a financial perspective essentially revolves around the issue of a. CSFs.
b. adherence to information requirements.
c. asset utilization.
d. return on invested capital.

11. The principal capital budgeting models for evaluating information technology projects are the payback method, the accounting rate of return on investment (ROI), the net present value, and the a. future present value.

b. internal rate of return.
c. external rate of return.
d. ROPM.

12. To best evaluate, from a financial standpoint, an IT investment whose benefits cannot be firmly established in advance, you would use a. capital budgeting.
b. the real option pricing model.
c. a scoring model.
d. the net present value.

13. The level of a project`s risk is influenced primarily by a. project size, project structure, and the level of technical expertise. b. project cost, project scope, and the implementation plan. c. project scope, project schedule, and project budget.

d. project size, project scope, and the level of technical expertise.

14. The project risk will rise if the project team and the IS staff lack a. legacy applications as a starting point.
b. good equipment.
c. the required technical expertise.
d. financial studies and plans.

15. One example of an implementation problem is
a. poor user interface.
b. inadequate user...
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