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Correct. The initiation phase defines the problem or opportunity.Question 7 of 11Points: 10 out of 10Which project phase determines what resources are available to meet the project needs?InitiationPlanningExecuting & ControllingClosingCorrect. The initiation phase determines what resources are available.Question 8 of 11Points: 10 out of 10Which project phase assesses the risks and benefits of a project?InitiationPlanningExecuting & ControllingClosingCorrect. The initiation phase assesses the risks and benefits of a project.Question 9 of 11Points: 10 out of 10Determining the project scope or the work that needs to be completed is in what project phase?Initiation
PlanningExecuting & ControllingClosingCorrect. The initiation phase determines the project scope.Question 10 of 11Points: 10 out of 10Scope creep can impact the allocation of which resources:Time onlyCapital onlyTime and capitalThe number of staff onlyCorrect. Scope creep can impact time and capital.Question 11 of 11Points: 10 out of 10The scope of the project is?Determined in the closing phaseAlways accurately identified in the initiation phaseThe work that needs to be doneNot at any risk
Correct. The scope of the project is the work that needs to be done.DATA MANAGEMENT TOOLS QUIZStep 1 of 1Question 1 of 12Points: 10 out of 10Which of the following statements applies to a business intelligence system?Aids in making everyday organizational decisions.Used when making long-term decisions.Only uses information not found within the company databases.Simply collects information from various sources.Correct. The purpose of a BI system is to make long-term decision making easier for executives.Question 2 of 12Points: 10 out of 10A business intelligence system is used by which of the following groups of people?Entry-level employeesHigh-level managementLow-level managementCustomers
Correct. High-level management uses BI systems to determine the best course of action for their company.Question 3 of 12Points: 10 out of 10What is the definition of business intelligence?Business intelligence is a term used to reflect the knowledge a business can create by analyzing data gathered from multiple sources.Business intelligence is a term used to depict a network structure that allows greater communication among different parts of an organization.Business intelligence refers to a specific type of server used to gather data that can be analyzed by an organization.Business intelligence refers to a specific software application businesses can use to gather data from their competitors.Correct. Business intelligence focuses on creating knowledge from information and data.Question 4 of 12Points: 10 out of 10Which OLAP operation involves viewing the data using a different filter first?PivotingDicingDrilling up or downRolling upCorrect. Pivoting is viewing the data from a different perspective.
Question 5 of 12Points: 10 out of 10What is the main difference between a data warehouse and OLDP?OLDP deals with data in real time while a data warehouse does not.