Project Portfolio Management Overview

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

Navigation through the system

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

Building and installing the system

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

To determine if the project is technically possible

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

Systematic identification of major and minor changes needed Signup and view all the answers

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

Construction Signup and view all the answers

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

Too many dependencies Signup and view all the answers

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

Fragility Signup and view all the answers

What is the primary goal of a System Analyst?

Create value for the organization Signup and view all the answers

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

Loose coupling + high cohesion 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?

Cohesion Signup and view all the answers

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

Organizational issues Signup and view all the answers

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

Why an information system is needed and project team planning Signup and view all the answers

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

'Loose coupling' + 'high cohesion' Signup and view all the answers

'Coupling' in software design refers to what?

'Strength of relationship between classes or modules' Signup and view all the answers

What does 'Viscosity' refer to in software development?

Developing against current design due to rigidity Signup and view all the answers

What does informal benchmarking involve?

Managers acting as customers in other businesses Signup and view all the answers

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

High-cost steps Signup and view all the answers

What is the purpose of technology analysis in business processes?

To reduce costs and time Signup and view all the answers

What is the main focus of activity elimination?

Reducing costs and time Signup and view all the answers

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

How a system interacts with its environment Signup and view all the answers

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

Inputs and outputs clarified Signup and view all the answers

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

Timeframe Signup and view all the answers

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

By comparing the entire portfolio's return on investment Signup and view all the answers

What is a characteristic of Waterfall methodology?

Sequential with detailed deliverables and phase approvals Signup and view all the answers

Why is project selection important in program management?

To meet strategic needs and consider risks Signup and view all the answers

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

By managing and controlling trade-offs Signup and view all the answers

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

Agile Signup and view all the answers

What approach does Agile methodology follow?

Short cycles with frequent feedback Signup and view all the answers

What does a good project portfolio need to balance?

Trade-offs between low and high-level risks Signup and view all the answers

What does requirements determination involve in project management?

Analyzing current systems and gathering user needs Signup and view all the answers

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

A summary of business value and the need for it Signup and view all the answers

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

Technical feasibility Signup and view all the answers

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

Develops the initial vision of the new system Signup and view all the answers

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

Project Plan Signup and view all the answers

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

Substitute manual processes with technology components for efficiency Signup and view all the answers

What does Economic Feasibility in a project entail?

Cost-benefit analysis, including future cash flow calculations Signup and view all the answers

Which factor is NOT considered in Technical Feasibility assessment?

'Break-even' point calculations Signup and view all the answers

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

'Champion' role played by high-level executives Signup and view all the answers

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

Development costs and operational costs Signup and view all the answers

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