Project Portfolio Management Overview
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Questions and Answers

What is the primary focus of interface design in a system specifications document?

  • Software programs needed
  • Network infrastructure
  • Hardware specifications
  • Navigation through the system (correct)

During the implementation phase, what is the most expensive aspect of the process?

  • Training for new processes
  • Testing for bugs
  • Building and installing the system (correct)
  • Approval from the sponsor and committee

What is the purpose of a feasibility analysis in the context of project development?

  • To review and adjust the project plan
  • To identify major changes needed in the system
  • To determine if the project is technically possible (correct)
  • To manage results of changed business processes

What is the main focus of a support plan in post-implementation activities?

<p>Systematic identification of major and minor changes needed (A)</p> Signup and view all the answers

Which phase of the project involves more time spent on testing than on writing?

<p>Construction (A)</p> Signup and view all the answers

What is a common issue with software designs that leads to immobility?

<p>Too many dependencies (D)</p> Signup and view all the answers

Which term describes the tendency of software to break in many places when a change is made?

<p>Fragility (D)</p> Signup and view all the answers

What is the primary goal of a System Analyst?

<p>Create value for the organization (A)</p> Signup and view all the answers

What is the foundation of good software design according to the text?

<p>Loose coupling + high cohesion (B)</p> Signup and view all the answers

In software design, which term describes the degree of how elements of a specific class/module go together or match?

<p>Cohesion (D)</p> Signup and view all the answers

What is a key reason projects fail according to the text?

<p>Organizational issues (C)</p> Signup and view all the answers

What are the two primary issues discussed during the planning phase of a project?

<p>Why an information system is needed and project team planning (D)</p> Signup and view all the answers

What is the main characteristic of good design according to the text?

<p>'Loose coupling' + 'high cohesion' (A)</p> Signup and view all the answers

'Coupling' in software design refers to what?

<p>'Strength of relationship between classes or modules' (D)</p> Signup and view all the answers

What does 'Viscosity' refer to in software development?

<p>Developing against current design due to rigidity (A)</p> Signup and view all the answers

What does informal benchmarking involve?

<p>Managers acting as customers in other businesses (C)</p> Signup and view all the answers

In the context of activity-based costing, what is the focus of improvement?

<p>High-cost steps (C)</p> Signup and view all the answers

What is the purpose of technology analysis in business processes?

<p>To reduce costs and time (A)</p> Signup and view all the answers

What is the main focus of activity elimination?

<p>Reducing costs and time (D)</p> Signup and view all the answers

What does 'Day 4 - Use Case Analysis' discuss?

<p>How a system interacts with its environment (D)</p> Signup and view all the answers

'Fully Dressed Use Case Format' is known for being highly structured in recording information for which aspects?

<p>Inputs and outputs clarified (B)</p> Signup and view all the answers

What is a key factor that affects the choice between different project methodologies?

<p>Timeframe (B)</p> Signup and view all the answers

In project portfolio management, how are investments in projects typically evaluated?

<p>By comparing the entire portfolio's return on investment (B)</p> Signup and view all the answers

What is a characteristic of Waterfall methodology?

<p>Sequential with detailed deliverables and phase approvals (A)</p> Signup and view all the answers

Why is project selection important in program management?

<p>To meet strategic needs and consider risks (C)</p> Signup and view all the answers

How are trade-offs between size, time, and cost managed throughout the project life cycle?

<p>By managing and controlling trade-offs (D)</p> Signup and view all the answers

Which methodology involves face-to-face communication and short cycles?

<p>Agile (B)</p> Signup and view all the answers

What approach does Agile methodology follow?

<p>Short cycles with frequent feedback (C)</p> Signup and view all the answers

What does a good project portfolio need to balance?

<p>Trade-offs between low and high-level risks (A)</p> Signup and view all the answers

What does requirements determination involve in project management?

<p>Analyzing current systems and gathering user needs (A)</p> Signup and view all the answers

What does the system request in the Project Initiation phase include?

<p>A summary of business value and the need for it (D)</p> Signup and view all the answers

Which type of feasibility assessment in Project Initiation evaluates whether the new system can be built?

<p>Technical feasibility (B)</p> Signup and view all the answers

What role does the project sponsor typically play in the SDLC?

<p>Develops the initial vision of the new system (C)</p> Signup and view all the answers

In Project Management, what is the primary deliverable after a project is approved?

<p>Project Plan (D)</p> Signup and view all the answers

What is the main focus of Business Process Automation (BPA) as mentioned in the text?

<p>Substitute manual processes with technology components for efficiency (A)</p> Signup and view all the answers

What does Economic Feasibility in a project entail?

<p>Cost-benefit analysis, including future cash flow calculations (B)</p> Signup and view all the answers

Which factor is NOT considered in Technical Feasibility assessment?

<p>'Break-even' point calculations (D)</p> Signup and view all the answers

What is an essential aspect of Organizational Feasibility as mentioned in the text?

<p>'Champion' role played by high-level executives (B)</p> Signup and view all the answers

What does Total Cost of Ownership (TCO) include as part of its evaluation?

<p>Development costs and operational costs (D)</p> Signup and view all the answers

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