CORRECT Answers latest update 2025
What are the five phases of a project? --- correct answer ---1) Initiating the
project - define the general project scope and include it in project charter
2) Planning the project
3) Executing the project
4) Controlling the project
5) Closing the project
What is churn? --- correct answer ---total amount of assets entering org vs
total amount leaving org
What is chargeback? --- correct answer ---amount of compensation required
for a service or piece of equipment provided by another department within
the same organization
What are the 3 A's? --- correct answer ---Awareness, Acknowledgement, and
Agreement
What are vendor management advantages to data security? --- correct
answer ---- single point of contact
- NDAs are signed
, - controlled and planned data sharing
What is a process? --- correct answer ---a system that creates a specified
outcome or product
The system includes a description of
repeatable activities or a mechanism that causes the result as well as
information about who performs the activities, when they are performed
and the results. A process must always be measurable.
What is Software Asset Management? --- correct answer ---the set of
business practices that support the use of software for
an organization in a responsible and productive way
What are the goals of the use of software? --- correct answer ---customer
satisfaction, cost effectiveness, risk reduction, strategic planning, and
decision support
RFB/RFQ --- correct answer ---Request for bid
Request for quote
a simple selection process, a purchase is expected