Minimum acceptable rate of return on an investment

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Reference no: EM13840807

Question 1: The ____ section of the project management plan describes how to monitor project progress and handle changes.

a. management objectives

b. project controls

c. risk management

d. technical processes

Question 2: One method for selecting projects based on ____ is to determine whether they first meet three important criteria: need, funding, and will.

a. broad organizational needs

b. using a weighted scoring model

c. implementing a balanced scorecard

d. categorizing information technology projects

Question 3: ____ are new requirements imposed by management, government, or some external influence.

a. Opportunities

b. Commands

c. Problems

d. Directives

Question 4: The majority of time on a project is usually spent on ____, as is most of the project's budget.

a. execution

b. planning

c. closing

d. monitoring and controlling

Question 5: There are ____ main processes involved in project integration management.

a. three

b. six

c. ten

d. fifteen

Question 6: ____ is crucial in information technology projects because once a project team implements a new system, it takes a considerable amount of effort to change the system.

a. Initiating

b. Planning

c. Executing

d. Closing

Question 7: The project communications management knowledge area maps to the ____ process group through the activity of information distribution.

a. initiating

b. planning

c. executing

d. monitoring and controlling

Question 8: The outputs of ____ include change request status updates, project management plan updates, and project document updates.

a. monitoring and controlling the project work

b. closing the project

c. developing the project management plan

d. performing integrated change control

Question 9: The ____ section of the project plan should describe the major project functions and activities and identify those individuals who are responsible for them.

a. organizational charts

b. other organizational or process-related information

c. project responsibilities

d. management objectives

Question 10: An organization may initiate information technology projects for several reasons, but the most important reason is to support ____.

a. financial security

b. business objectives

c. technological advances

d. shareholders
 
Question 11: Projects that address ____ are much more likely to be successful because they will be important to the organization.

a. a balanced scorecard

b. a weighted scoring model

c. broad organizational needs

d. net present value

Question 12: Many people are familiar with SWOT analysis-analyzing Strengths, Weaknesses, Opportunities, and Threats-which is used to aid in ____.

a. project initiation

b. project planning

c. strategic planning

d. strategic initiation

Question 13: The project integration management knowledge area maps to the ____ process group through the activities of developing project charters.

a. initiating

b. planning

c. executing

d. monitoring and controlling

Question 14: A common ____ is reporting performance, where project stakeholders can identify any necessary changes that may be required to keep the project on track.

a. executing process

b. closing process

c. monitoring and controlling process

d. planning process

Question 15: The ____ process involves gaining stakeholder and customer acceptance of the final products and services and bringing the project, or project phase, to an orderly end.

a. ending

b. closing

c. developing

d. completing

Question 16: It is good practice to focus on the ____ of meetings.

a. flow

b. planning

c. agenda

d. results

Question 17: A ____ is a document that includes details related to the identified project stakeholders.

a. stakeholder register

b. stakeholder list

c. stakeholder directory

d. stakeholder contact list

Question 18: The project schedule information section of the project management plan should include ____.

a. a detailed budget

b. major work packages

c. a detailed schedule

d. project staffing

Question 19: The ____ is the minimum acceptable rate of return on an investment.

a. return on investment

b. internal rate of return

c. external rate of return

d. required rate of return

Question 20: The ____ provides a basis for creating the project schedule and performing earned value management for measuring and forecasting project performance.

a. WSB

b. project team analysis

c. WBS

d. project tool

Reference no: EM13840807

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