Chapter 18 - Computer Applications
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Questions and Answers

What is a key consideration for project organisations in employing computerised software applications for project risk management?

  • The popularity of the software applications
  • The geographical location of the organisation
  • The cost of the software applications
  • The scope of functional requirements (correct)
  • What is the role of tables and matrices in project risk management?

  • Providing real-time risk analysis
  • Recording information about factors and criteria (correct)
  • Automating data entry processes
  • Generating project timelines
  • What is a characteristic of standard spreadsheeting software applications?

  • They are 'semi-passive' and require users to enter data (correct)
  • They are fully automated and require no user input
  • They are designed for advanced statistical analysis
  • They are primarily used for graphic design
  • Why is it important for project organisations to consider the transparency of the application in project risk management?

    <p>To avoid the 'black box' syndrome</p> Signup and view all the answers

    What is a crucial factor for project organisations to assess in employing computerised software applications for project risk management?

    <p>What trust can be placed in the application outputs</p> Signup and view all the answers

    Why are spreadsheets considered a management 'workhorse'?

    <p>They are widely used for various management tasks</p> Signup and view all the answers

    What do tables and matrices provide a basis for in project risk management?

    <p>Ensuing discussion and exploration of implications</p> Signup and view all the answers

    What do project organisations need to consider about the software's flexibility in project risk management?

    <p>How easily it accommodates changes in the project risk environment</p> Signup and view all the answers

    Why are tables and matrices considered useful in project risk management?

    <p>They provide a means of recording information about factors and criteria</p> Signup and view all the answers

    What type of values can be entered by users in a good CPMS for risk management purposes?

    <p>Determined or estimated values for defined model parameters</p> Signup and view all the answers

    What is a capability of virtual constructed environments (VCEs) in virtual reality applications?

    <p>Portraying materials being delivered, unloaded, and installed</p> Signup and view all the answers

    What is a capability of remote wireless sensors in the context of information technologies and tools?

    <p>They can be located in situations where human access is difficult or impossible</p> Signup and view all the answers

    What is a potential application of aerial drone systems?

    <p>Accommodating pattern recognition, including colors, tags, markers, and shapes</p> Signup and view all the answers

    What type of values are possible for many of the variables in the calculation algorithms of CPMSs?

    <p>User-defined or default values (e.g. beta distributions of probability)</p> Signup and view all the answers

    How have virtual reality applications progressed in terms of representing process operations?

    <p>From keyboard-entered static scene progressions to fluid representations of complete activities</p> Signup and view all the answers

    What is a feature of good CPMSs for risk management purposes?

    <p>Incorporating calculation, analytical, and modelling features for risk management</p> Signup and view all the answers

    What is a capability of smart sensors in information technologies and tools?

    <p>Being located in situations where human access is difficult or impossible</p> Signup and view all the answers

    What is a capability of simulation systems in the context of information technologies and tools?

    <p>Incorporating AI-based algorithms for pattern recognition</p> Signup and view all the answers

    What is a potential application of aerial drone systems beyond simple observation?

    <p>Accommodating pattern recognition, including colors, tags, markers, and shapes</p> Signup and view all the answers

    Study Notes

    Project Risk Management with Computerised Software Applications

    • A key consideration for project organisations in employing computerised software applications is to assess the transparency of the application to ensure that it meets the organisation's needs.
    • Tables and matrices play a crucial role in project risk management, providing a basis for risk assessment and analysis.
    • Standard spreadsheeting software applications are characterised by their ability to be easily customised and adapted to various project requirements.

    Benefits of Spreadsheets and Tables

    • Spreadsheets are considered a management 'workhorse' due to their versatility and ability to perform complex calculations and data analysis.
    • Tables and matrices are useful in project risk management as they provide a structured approach to organising and analysing data.

    Computerised Project Management Systems (CPMSs)

    • CPMSs require users to enter specific values, such as numerical or categorical data, for risk management purposes.
    • Many variables in CPMS calculation algorithms can have probabilistic values, such as probability distributions or ranges.

    Features of Good CPMSs

    • Good CPMSs for risk management purposes have the capability to accommodate complex data and provide a flexible framework for risk analysis.

    Information Technologies and Tools

    • Virtual constructed environments (VCEs) in virtual reality applications have the capability to simulate real-world environments and scenarios.
    • Remote wireless sensors have the capability to collect and transmit data in real-time, enhancing project monitoring and control.
    • Aerial drone systems have the potential application of going beyond simple observation, such as monitoring construction progress or inspecting infrastructure.

    Simulation Systems and Smart Sensors

    • Simulation systems have the capability to model complex systems and processes, allowing for risk analysis and scenario planning.
    • Smart sensors have the capability to detect and respond to changes in their environment, providing real-time data and insights.

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    Description

    Test your knowledge of project risk management software applications with this quiz. Explore the scope of functional requirements, the significance of outputs, and the reliability of input data.

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