100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
IS 469 Final Exam With Accurate Verified Correct Answers Guaranteed Pass. $16.99   Add to cart

Exam (elaborations)

IS 469 Final Exam With Accurate Verified Correct Answers Guaranteed Pass.

 5 views  0 purchase
  • Course
  • MPSC.
  • Institution
  • MPSC.

process - correct answer ongoing -ex:building cars on an assemble line -designing and building a prototype of a specific car is a project project - correct answer A temporary endeavor undertaken to create a unique produ...

[Show more]

Preview 3 out of 30  pages

  • October 22, 2024
  • 30
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • MPSC.
  • MPSC.
avatar-seller
RealGrades
IS 469 Final

process - correct answer ongoing

-ex:building cars on an assemble line

-designing and building a prototype of a specific car is a project



project - correct answer A temporary endeavor undertaken to create a unique
product, service, or result.

- has a timeframe

-has a budget

-specific deliverables



project management - correct answer The application of knowledge, skills, tools,
and techniques to project activities to meet project requirements



project manager - correct answer An individual who is an expert in project planning
and management, defines and develops the project plan, and tracks the plan to ensure the project is
completed on time and on budget



Project Management Institute (PMI) - correct answer -set standards of how projects
should be done around the world

-puts out PMBOK 0 product management body of knowledge



Project Management Professional - correct answer -need test 5 years of project
management experience



Project Management Process Groups - correct answer 1. Initiating

2. Planning

3. Executing

4. Monitoring and Controlling

,5. Closing



Initiating - correct answer signals the beginning of the project or phase



Planning - correct answer supports planning of the entire project and each
individual phase



Executing - correct answer Focuses on integrating people and resources to carry out
the planned activities of the project plan or phase



Monitoring and Controlling - correct answer -allows for managing and measuring
progress towards the project's MOV and scope, schedule, budget and quality objectives

-also allows the project manager and team tot measure and keep an eye on project variances between
actual and planned results so that appropriate corrective actions can be taken when necessary



Closing - correct answer -provides a set of processes for formally accepting the
project's product, service, or end result so that the project or phase can be brought to an orderly end



The Software Crisis - correct answer -the CHAOS study in 1995 found although the
US spent over $250 bil on IT projects ....

-31% were cancelled before completion

-53% were completed but over budget, over schedule & did not meet original specifications

-for mid-size companies, average cost overruns were 182%, while avg schedule overruns were 202%



How IT projects have changed since 1994 - correct answer in general IT projects are
showing higher success rates due to:

-better project management tools & processes

-smaller projects

-improved communication among stakeholders

-more skillful IT projects managers

*still is room for improvement

, Criteria: schedule - correct answer 61.3% said it is more important to deliver a
system when it is ready to be shipped than to deliver it on time



Criteria: Scope - correct answer 87.3% said that meeting the actual needs of
stakeholders is more important than building the system to specification



Criteria: Money - correct answer 79.6% said that providing the best return on
investment (ROI) is more important than delivering a system under budget



Criteria: Quality - correct answer 87.3% said that delivering high quality is more
important than delivering on time and on budget



Criteria: Staff - correct answer 75.8% said that having a mentally and physically
healthy workplace is more important than delivering on time and on budget



Factors for Challenged Projects - correct answer #1 Rank: Lack of user input

2. Incomplete requirements

3. Changing requirements & specifications

4. Lack of executive support

5. Technology incompetence

6. Lack of resources

7. Unrealistic expectations

8. Unclear objectives

9. Unrealistic time frames

10. New technology



Factors for Failed (Impaired) Projects - correct answer 1. Incomplete requirements

2. Lack of user involvement

3. Lack of resources

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

Guaranteed quality through customer reviews

Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.

Quick and easy check-out

Quick and easy check-out

You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.

Focus on what matters

Focus on what matters

Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!

Frequently asked questions

What do I get when I buy this document?

You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.

Satisfaction guarantee: how does it work?

Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.

Who am I buying these notes from?

Stuvia is a marketplace, so you are not buying this document from us, but from seller RealGrades. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for $16.99. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

67096 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy study notes for 14 years now

Start selling
$16.99
  • (0)
  Add to cart