ch04-quiz - Net present value and cash flow mean the same...

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Chapter 4 – quiz and discussion questions 1. The number of interfaces can increase exponentially as the number of people involved in a project increases. 2. Project integration management must occur within the context of a particular project. 3. It is often easier to identify and select appropriate information technology projects when organizations align their information technology departments more closely with the business. 4. As projects progress, the organization must reevaluate the need, funding, and will for each project to determine if the project should be continued, redefined, or terminated. 5. Problems can be current or anticipated. 6. Many problems and directives must be resolved quickly. (What is the difference between and problem and a directive?) 7.
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Unformatted text preview: Net present value and cash flow mean the same thing. 8. Payback period is the amount of time it will take to recoup, in the form of net cash inflows, the total dollars invested in a project. 9. The first step in creating a weighted scoring model is to assign a weight to each criterion. 10. Many organizations have found that large information technology projects require experienced general managers who understand the business and application area of the technology, not the technology itself. (What does this mean?) What are the seven main process involved in project integration management? How can potential projects be identified? What is a weighted score model? How is it created? What are the main objectives of integrated change control?...
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