ISOM 3010- Module/Class 2 || 100% Exact Answers.
In Project Charter, Project Manager's level of authority and responsibility should not be defined
as the project is still not yet started (T/F?) correct answers False
The project charter should be signed off by Project Manager (T/F?) correct answers True
The project charter should be signed off by certain key stakeholders
In the online video "Case Example of Project Selection", what is the first step taken by Jeff &
Kevin? correct answers Preparing the Business Case
In the online video "Case Example of Project Selection", what is the last step in Project Initiation
for R&S? correct answers Conducting a stakeholder analysis
Which of the following is NOT correct for Weighted Scoring Model?
A. The weight of all criterion are the same in the model
B. Projects with higher scores are considered more desirable
C. The same criteria are used for judging all projects
D. The sum of the weights (in %) should add up to 100 correct answers A. The weight of all
criterion are the same in the model
The stakeholder assessment matrix is a deliverable from the ___________ process group correct
answers Initiating
Which of the following is done first?
A. Creating the project charter
B. Creating the WBS
C. Creating the scope statement
D. Creating the schedule correct answers A. Creating the project charter
, The project charter provides the project manager with written authority to use organizational
resources for project activities. (T/F?) correct answers True
Users are usually not considered as stakeholders as they do not impact the project(T/F?) correct
answers False
A Project Charter is a document which includes correct answers Description of the project
Project Managers are expected to know the company's mission and strategy (T/F?) correct
answers True
What is the documented consistent planning process for selecting projects organizations should
follow? correct answers 1.First, develop an strategic plan (goals) in support of the organization's
overall strategic plan
2.Then perform a business area analysis (deficiencies)
3.Next, define potential projects, build the business case
4.Finally, select projects and assign resources
What is a Business Case? What does it include? correct answers a document composed of a set
of project characteristics (costs, benefits, risk, etc.) that aid organization decision makers in
deciding what projects to work on
Contents of the business case may include:
• Key objectives
• Methods and sources used to obtain information
• Benefits to the organization if the project is successful
• Consequences if the project is not done
• Full life-cycle costs
• Qualitative models
In Project Charter, Project Manager's level of authority and responsibility should not be defined
as the project is still not yet started (T/F?) correct answers False
The project charter should be signed off by Project Manager (T/F?) correct answers True
The project charter should be signed off by certain key stakeholders
In the online video "Case Example of Project Selection", what is the first step taken by Jeff &
Kevin? correct answers Preparing the Business Case
In the online video "Case Example of Project Selection", what is the last step in Project Initiation
for R&S? correct answers Conducting a stakeholder analysis
Which of the following is NOT correct for Weighted Scoring Model?
A. The weight of all criterion are the same in the model
B. Projects with higher scores are considered more desirable
C. The same criteria are used for judging all projects
D. The sum of the weights (in %) should add up to 100 correct answers A. The weight of all
criterion are the same in the model
The stakeholder assessment matrix is a deliverable from the ___________ process group correct
answers Initiating
Which of the following is done first?
A. Creating the project charter
B. Creating the WBS
C. Creating the scope statement
D. Creating the schedule correct answers A. Creating the project charter
, The project charter provides the project manager with written authority to use organizational
resources for project activities. (T/F?) correct answers True
Users are usually not considered as stakeholders as they do not impact the project(T/F?) correct
answers False
A Project Charter is a document which includes correct answers Description of the project
Project Managers are expected to know the company's mission and strategy (T/F?) correct
answers True
What is the documented consistent planning process for selecting projects organizations should
follow? correct answers 1.First, develop an strategic plan (goals) in support of the organization's
overall strategic plan
2.Then perform a business area analysis (deficiencies)
3.Next, define potential projects, build the business case
4.Finally, select projects and assign resources
What is a Business Case? What does it include? correct answers a document composed of a set
of project characteristics (costs, benefits, risk, etc.) that aid organization decision makers in
deciding what projects to work on
Contents of the business case may include:
• Key objectives
• Methods and sources used to obtain information
• Benefits to the organization if the project is successful
• Consequences if the project is not done
• Full life-cycle costs
• Qualitative models
