Study sets, textbooks, questions
Upgrade to remove ads
Project Integration Management
Terms in this set (10)
Which of the following is true of return on investment or ROI?
The lower it is, the better.
It is always a percentage.
It is the result of adding the project costs to the profits.
It is always a positive number.
Information systems can help an organization support a strategy of being a low-cost producer.
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.
The first step in determining the NPV is to _____.
a.determine the cash flow
b.determine the discount rate
c.calculate the net present value
d.determine the estimated costs and benefits for the life of the project and the products it produces
It is necessary that IT project managers have prior technical experience in creating and managing IT products.
_____ is a method for determining the estimated annual costs and benefits for a project.
b.Critical path analysis
c.Present value analysis
d.Cash flow analysis
A _____ is a document used to coordinate all project planning documents and help guide a project's execution and control.
b.project management plan
c.statement of work
The ROI is always positive.
_____ analysis is a method of calculating the expected net monetary gain or loss from a project by discounting all expected future cash inflows and outflows to the present point in time.
b.Cost of capital
d.Net present value
_____ involves working with stakeholders to create the document that formally authorizes a project.
a.Developing the project charter
b.Performing integrated change control
c.Developing the preliminary project scope statement
d.Developing the project management plan
Sets found in the same folder
Other Quizlet sets
Chem 51 Chapter 6 Ogar
A&P II Exam 1
Chapters 14-15: Cognitive Disorders
Autonomic Nervous System- Final