If you wish to work as an IS professional in a construction business, it does not matter if you cannot
communicate with the business managers in their business terms. - correct answer ✔✔False
_________ involves the generation, collection, dissemination, and storage of project information in a
timely and effective manner. - correct answer ✔✔Communication management
The degree of rivalry between competitors is low in industries with many equally sized competitors or
little differentiation between products. - correct answer ✔✔False
As the CEO of an organization, it is acceptable for you to delegate long-term decisions about the
organization to a subordinate. - correct answer ✔✔False
Employee salary is considered a capital item. - correct answer ✔✔False
Which of the five forces in Michael Porter's model refers to entry barriers and the relative threat of new
competitors? - correct answer ✔✔Potential entrants
Quality management is the set of activities designed to make the most effective use of the people
involved with a project. - correct answer ✔✔False
Suppose your business has agreed to pay a vendor for his services using a cost-plus-fixed-fee contract.
This means _____. - correct answer ✔✔the agreement is to reimburse the costs plus a fixed amount as a
fee
A Gantt chart is a graphical tool used for planning, monitoring, and coordinating projects; it is essentially
a grid that lists activities and deadlines. - correct answer ✔✔True
, If an organization considers its IS organization as a game changer, then its strategy would be to use IS to
achieve competitive advantage. - correct answer ✔✔True
Suppose Task C has Task A and Task B as its predecessor tasks. Task A ends on May 10th and Task B ends
on May 12th. When can Task C begin? - correct answer ✔✔May 13th
Your new employer wishes to use strategic planning to grow the business. Which of the following would
you advise is the most essential task? - correct answer ✔✔create vision/mission statement
What topics are considered so important that they are placed on top of the strategic planning pyramid? -
correct answer ✔✔Mission and vision
Project management is the application of knowledge, skills, and techniques to project activities so that
the allotted budget can be spent. - correct answer ✔✔False
Project integration management is perhaps the most important knowledge area because it requires the
assimilation of all eight other project management knowledge areas. - correct answer ✔✔True
Your iPhone app project team has identified that the marketing campaign part of the project can be
delayed a bit, without delaying the entire project. So, technically, the marketing campaign is on the
critical path of the project. - correct answer ✔✔False
An increase in customer satisfaction is considered a tangible benefit. - correct answer ✔✔False
Which of the following does not influence IT organizational strategies? - correct answer ✔✔Government
regulations
You are part of an Information Systems project team. Your job is to ensure that the technology and
vendor suggested for use in the project are consistent with the IS strategy. Your role in the project
steering team is _____. - correct answer ✔✔IS Manager
Activities related to the acquisition of goods and/or services for a project from sources outside the
organization make up _______. - correct answer ✔✔procurement management
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