solutions
Typically, information systems planning is not tied to overall strategic planning. - correct answer ✔✔False
All software licenses qualify as capital expenses. - correct answer ✔✔False
A building, office equipment, computer hardware, and network equipment are examples of _____. -
correct answer ✔✔Capital Assets
If you wish to work as an IS professional in a construction business, it does not matter if you cannot
communicate with the business managers in their business terms. - correct answer ✔✔False
Project management is the application of knowledge, skills, and techniques to project activities so that
the allotted budget can be spent. - correct answer ✔✔False
The probability that your employer's IS strategy is inward focused to deliver the services cheaper, faster,
and better is ________. - correct answer ✔✔0.11 to 0.40
If an organization considers its IS organization as a cost center or service provider, then its IS goals would
be to _______. - correct answer ✔✔Reduce IS costs
In some organizations, strategic planning is focused inward only. - correct answer ✔✔False
_______ is a set of activities that includes defining an achievable completion date that is acceptable to
the project stakeholders, developing a workable project schedule, and ensuring the timely completion of
the project. - correct answer ✔✔Time Management
If an organization considers its IS organization as a game changer, then its strategy would be to use IS to
achieve competitive advantage. - correct answer ✔✔True
, An increase in customer satisfaction is considered a tangible benefit. - correct answer ✔✔False
Suppose the 'User interface design' phase of the project has a high probability of not meeting the quality
requirements; however, it has significant potential impact on the overall project. It is advisable to find
and assign a risk owner for this part of the project. - correct answer ✔✔True
According to a study by the Standish Group, approximately 70% of the IS projects do not succeed. -
correct answer ✔✔True
This type of strategic planning defines the organization's vision and values and then identifies projects
and initiatives to achieve the vision while adhering to the values. - correct answer ✔✔Organic planning
Experienced project managers would manage risk by ______. - correct answer ✔✔Preparing alternative
courses of action
A useful model to describe how teams develop is the forming-storming-norming-performing-
___________ model. - correct answer ✔✔Adjourning
The use of so-called SMART goals has long been advocated by management consultants. What does the
M in SMART stand for?
Group of answer choices - correct answer ✔✔Measurable
Strategic planning has a clearly defined direction to guide decision making at all levels throughout the
organization. - correct answer ✔✔True
A senior manager from the business unit most affected by a project and who ensures the project will
indeed meet the needs of his or her organization is known as the project sponsor. - correct answer
✔✔True
Suppose the industry your business is in has 10 buyers but 50 sellers. This means there is a low
bargaining power of buyers. - correct answer ✔✔False