CBIS 3210 Test 1 Questions and Answers

CBIS 3210 Test 1 Questions and Answers Project Closedown - Answer-The final phase of the project management process, which focuses on bringing a project to an end Resources - Answer-Any person, group of people, piece of equipment, or material used in accomplishing an activity Critical Path Scheduling - Answer-A scheduling technique in which the order and duration of a sequence of task activities directly affect the completion date of a project PERT (Program Evaluation Review Technique) - Answer-A technique that uses optimistic, pessimistic, and realistic time estimates to calculate the expected time for a particular task Critical Path - Answer-The shortest time in which a project can be completed Slack Time - Answer-The amount of time that an activity can be delayed without delaying the project Incremental Commitment - Answer-A strategy in systems analysis and design in which the project is reviewed after each phase, and continuation of the project is rejustified in each of these reviews Business Case - Answer-A written report that outlines the justification for an information system. The report highlights economic benefits and costs and the technical and organizational feasibility of the proposed system. Baseline Project Plan (BPP) - Answer-One of the major outcomes and deliverables from the project initiation and planning phase. It contains the best estimate of the project's scope, benefits, costs, risks, and resource requirements. Economic Feasibility - Answer-A process of identifying the financial benefits and costs associated with a development project Tangible Benefit - Answer-A benefit derived from the creation of an information system that can be measured in dollars and with certainty Intangible Benefit - Answer-A benefit derived from the creation of an information system that cannot be easily measured in dollars or with certainty