Chapter 2 Initializing and Conceptualizing the IT Project

Information Technology Project Management 3e - Marchewka


Chapter 2 Initializing and Conceptualizing the IT Project

True/False

1. A methodology provides a strategic-level plan for managing and controlling
IT projects.
a. True
b. False
True

2. A business case is a deliverable that documents the project’s goal, as well
as several alternatives or options.
a. True
b. False
True

3. Project Management processes include Scope, Schedule, Budget, and Quality.
a. True
b. False
False

4. The SDLC (systems development life cycle) is a deliverable from the
project charter.
a. True
b. False
False

5. The project charter is a key deliverable for the second phase of the IT
project methodology.
a. True
b. False
True

6. For the sake of efficiency and unity of purpose and direction, it is usually
advisable to have the project manager take sole responsibility for
developing the business case.
a. True
b. False


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,Information Technology Project Management 3e - Marchewka


False

7. The primary focus of “the conceptualize and initialize phase” is to
determine the overall goal of the project.
a. True
b. False
True

8. The MOV should be adjusted at each phase of a project to align with
the realities of project execution.
a. True
b. False
False

9. Feasibility focuses on what can go wrong and what must go right.
a. True
b. False
False

10. Feasibility focuses on whether a particular alternative is doable and
worth doing.
a. True
b. False
True

11. The MOV should explicitly state the technology that will support the IT project.
a. True
b. False
False

12. The total cost of ownership (TCO) includes only the direct or up-front costs
and ongoing expenditures.
a. True
b. False
False

13. The total benefits of ownership (TBO) should address the benefits of
an alternative over its useful life.



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, Information Technology Project Management 3e - Marchewka


a. True
b. False
True

14. A significant deficiency of the payback method of analyzing alternatives is
the failure to account for the time value of money.
a. True
b. False
True

15. All cash flows over the useful life of a project alternative must be included
in the payback method of analysis.
a. True
b. False
False

16. The net present value method of project valuation takes into account
all relevant cash flows as well as the company’s required rate of return.
a. True
b. False
True

17. In general, riskier project alternatives will have a lower breakeven point
than less risky project alternatives.
a. True
b. False
False

18. Scoring models are useful because they allow for the inclusion of
qualitative factors.
a. True
b. False
True

19. A scoring model can combine both qualitative items based reflected in
the weights and scores that are based on people’s judgments.
a. True
b. False



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