(Questions and Answers-Verified
solutions)
The association designed to bring together project
management professionals and systematically capture
project management knowledge is called:
A. The Knowledge Association
B. Project Management Professionals Association
C. Project Management Institute
D. Project Managers Institute
E. PM Knowledge Organization - Correct Answers ✅Project
Management Institute
A planned undertaking of related activities to reach an
objective that has a beginning and an end is called:
A. An undertaking
B. A project
C. A program
D. A portfolio
E. A campaign - Correct Answers ✅A project
Projects are:
A. Temporary
B. Typically ongoing
C. Never successful
D. To be avoided
,MISY 5310 – Midterm Latest Update 2026
(Questions and Answers-Verified
solutions)
E. Indefinite - Correct Answers ✅Temporary
A ____________ is a person who has an interest in a new or
existing project.
A. Stakeholder
B. customer
C. project sponsor
D. project management professional
E. project manager - Correct Answers ✅Stakeholder
A ___________ provides high level support for a project.
A. stakeholder
B. customer
C. project sponsor
D. project management professional
E. project manager - Correct Answers ✅project sponsor
The project sponsor has the responsibility of making sure that
the project is given the ________ for its successful completion.
A. organizational structure
B. technical skills
C. managerial oversight
,MISY 5310 – Midterm Latest Update 2026
(Questions and Answers-Verified
solutions)
D. resources necessary
E. political support - Correct Answers ✅resources
necessary
A __________ is responsible for initiating, planning, executing,
controlling, and closing down a project.
A. stakeholder
B. customer
C. project sponsor
D. project management professional
E. project manager - Correct Answers ✅project manager
Information systems projects are undertaken to take
advantage of business opportunities and to ________.
A. improve business processes
B. solve business problems
C. attain business objectives
D. automate business processes
E. reduce personnel - Correct Answers ✅solve business
problems
Analyzing the scope of a project and determining the
probability of success is called:
, MISY 5310 – Midterm Latest Update 2026
(Questions and Answers-Verified
solutions)
A. Scope determination.
B. Success analysis.
C. Feasibility study.
D. Project audit.
E. Scope-success study. - Correct Answers ✅Feasibility
study.
What is NOT unique about IT projects:
A. The technological context is in constant flux.
B. Extensive amounts of user involvement need to be
managed.
C. The solutions being attempted may never have been done
before.
D. A variety of different stakeholders has to be managed.
E. Unclear requirements are commonplace - Correct
Answers ✅A variety of different stakeholders has to be
managed.
The process used for executing the project management plan
is called:
A. Project management methodology
B. Project life cycle
C. PRINCE2