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ISTM 630- Exam 1 Questions and Correct Answers.

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Criteria for a successful project - Answer - met requirements - finished on time - on budget Project - Answer A temporary endeavor undertaken to create a unique product, service, or result. - has unique purpose, is temporary, developed using progressive elaboration, requires resources Program - Answer - group of related projects managed in a coordinated way operations - Answer - work done to sustain business. routine work Triple Constraint - Answer time, cost, scope Top two project success factors - Answer - executive support - user involvement Low End Tools - Answer handle single or smaller projects well. Cost $200 per user Midrange Tools - Answer handle multiple projects and users. cost between 200 and 500. Most popular High end Tools - Answer Also called enterprise project management software, often licensed on a per-user basis, like Microsoft Enterprise Project Management solution systems philosophy - Answer view things as systems which are interacting components that work within an environment to fulfill some purpose. - part of three part view of project mgmt systems analysis - Answer an analysis to determine inputs, outputs, and changes in a system under various conditions - part of three part view of project mgmt

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Institution
ISTM 630
Course
ISTM 630

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ISTM 630- Exam 1 Questions and
Correct Answers.
Criteria for a successful project - Answer - met requirements

- finished on time

- on budget



Project - Answer A temporary endeavor undertaken to create a unique product, service, or
result.

- has unique purpose, is temporary, developed using progressive elaboration, requires resources



Program - Answer - group of related projects managed in a coordinated way



operations - Answer - work done to sustain business. routine work



Triple Constraint - Answer time, cost, scope



Top two project success factors - Answer - executive support

- user involvement



Low End Tools - Answer handle single or smaller projects well. Cost <$200 per user



Midrange Tools - Answer handle multiple projects and users. cost between 200 and 500.
Most popular



High end Tools - Answer Also called enterprise project management software, often licensed
on a per-user basis, like Microsoft Enterprise Project Management solution



systems philosophy - Answer view things as systems which are interacting components that
work within an environment to fulfill some purpose.

- part of three part view of project mgmt



systems analysis - Answer an analysis to determine inputs, outputs, and changes in a system
under various conditions

- part of three part view of project mgmt

, Systems management - Answer address business, technological, and organizational issues
before making changes to systems

- part of three part view of project mgmt



Three Structural Frames - Answer - Functional: functional managers report to the CEO

- project: program mangers report to the CEO

- matrix: middle ground between functional and project structures. people often have multiple
bosses.



HR Frame - Answer Focuses on providing harmony between needs of the organization and
needs of people.



politcal frame - Answer assumes organizations are coalitions of composed of varied
individuals and interest groups



Symbolic Frame - Answer A frame that focuses on the symbols, meanings, and culture of an
organization



Early Project Phase - Answer - resource needs are usually lowest

- level of uncertainty is highest

- stakeholders have most influence



middle Project phase - Answer - certainty of completion increases

- more resources needed



final project phase - Answer -focus is on ensuring that project req's are met

- sponsor approves completion of project



Predictive Life Cycle - Answer the scope of the project can be clearly articulated and the
schedule and cost can be predicted



Adaptive Life Cycle - Answer projects are mission driven and component based, use time
based cycles to meet target dates



Project Management Phases - Answer - initiating

- planning

- executing(most resources)

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Institution
ISTM 630
Course
ISTM 630

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