16) The ________ is directly responsible for the individual systems project.A) project management groupB) project teamC) IS steering committeeD) corporate strategic planning committeeE) systems planning committee26) Which of the following would not be covered in the Management Strategy section of an information systems plan?A) Acquisition plansB) Progress reportsC) Organizational realignmentD) Internal reorganizationE) Major training initiatives27) Which of the following would not be covered in the Budget Requirements section of an information systems plan?A) RequirementsB) Potential savingsC) Difficulties meeting business requirementsD) FinancingE) Acquisition cycle24) Which of the following statements about scoring models is not true?A) There are many qualitative judgments involved in using a scoring model.B) A scoring model is useful for selecting projects where many criteria must be considered.C) The most important outcome of a scoring model is the score.D) A scoring model requires experts who understand the issues and the technology.E) It is appropriate to cycle through a scoring model several times.8) The cost of a project is based on the time to complete a project multiplied by the cost of human resources required to complete the project.6) Which of the following statistics from studies on failed projects is not true?A) Large software projects on average run 33 percent over schedule.B) Large software projects on average run 66 percent over budget.C) Between 30 and 40 percent of all software projects are "runaway" projects that far exceed the original schedule and budget projections and fail to perform as originally specified.D) As many as 17 percent of projects turn out so badly that they can threaten the existence of the company.E) The average cost overrun of IT projects is 20 percent.20) Which method would you use to develop risk profiles for a firm's information system projects and assets?A) Information systems planB) Scoring modelC) Portfolio analysisD) TCOE) Real options model21) You have been hired by a firm in a non-information-intensive industry to evaluate its inventory of systems and IT projects. Which types of projects should the firm focus on?A) High-risk projectsB) Low cost, low-benefit projectsC) High-benefit, low-risk projectsD) Any project that might be beneficialE) Low cost, high benefit projects28) The information systems steering committee is composed of information systems managers and end-user managers responsible for overseeing several specific information systems projects.22) Which of the following best describes the central method used in a scoring model?A) Performing an inventory of all of the organization's information systems projects and assetsB) Performing a weighted comparison of the criteria used to evaluate a systemC) Surveying a large sample of managers on their objectives, decision-making process, and uses and needs for data and informationD) Interviewing a small number of top managers to identify their goals and criteria for achieving successE) Calculating the return on investment for each system, and choosing the system with the best return4) All of the following are indications of a failed information systems project except:A) employees are refusing to switch to the new system.B) employees have created a spreadsheet solution to manipulate the data generated by the system.C) a redesigned website has fewer visits to the customer support pages.D) employees require training to properly use the system.E) the system is not being used by anyone.12) According to a 2015 report by 1E, over 50% of all software installed is not being used.11) The data entry screen is an example of a user interface.10) Project management refers to the application of knowledge, skills, tools and techniques to achieve specific targets within specified budget and time constraints.9) An information system project's scope is directly related to its business requirements.3) Which of the following is not one of the five main variables affecting project success?A) RiskB) VendorsC) TimeD) QualityE) Cost7) Which of the following variables in project management is an indicator of how well the project satisfies management objectives?A) ScopeB) QualityC) TimeD) CostE) Risk5) Which of the following project management variables defines what work is or is not included in a project?A) GoalsB) RiskC) QualityD) ScopeE) Cost1) On average, private sector IT projects underestimated budget and delivery time of systems by ________ percent.A) 30B) 40C) 50D) 60E) 7013) Which of the following is at the top of the management structure for information systems projects in a large company?A) Project teamB) Project management groupC) Corporate strategic planning group and information systems steering committeeD) Information systems managersE) End-user managers
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