CHAPTER 4 QUESTIONS WITH CORRECT ANSWERS 2025

CHAPTER 4 QUESTIONS WITH
CORRECT ANSWERS 2025
1LProjectL________LmanagementLinvolvesLcoordinatingLallLofLtheLotherLprojectLmanagementLknowledgeLar
easLthroughoutLaLproject'sLlifeLcycle.L-LcorrectLanswer-Scope--qualityL--LINTEGRATIONL--Ltime



2LWhichLofLtheLfollowingLprimaryLprocessesLofLintegrationLmanagementLinvolvesLidentifying,Levaluating,La
ndLmanagingLchangesLthroughoutLtheLprojectLlifeLcycle?L-LcorrectLanswer-
monitoringLandLcontrollingLtheLproject.L--LcapitalLinLdirectingLandLmanagingLprojectLexecution.L--
LPERFORMINDLINTEGRATEDLCHANGELMANAGEMENTL--LdevelopingLaLprojectLmanagementLplan




3LWhichLofLtheLfollowingLprimaryLprocessesLofLintegrationLmanagementLinvolvesLcarryingLoutLtheLprojectL
managementLplanLbyLperformingLtheLactivitiesLincludedLinLit?L-LcorrectLanswer-
MonitoringLandLcontrollingLtheLprojectLworkL--LDIRECTINGLANDLMANAGINGLPROJECTLEXECUTIONL--
performingLintegratedLchangeLcontrolL--LdevelopingLtheLpreliminaryLprojectLscopeLstateLand



4LWhichLofLtheLfollowingLprimaryLprocessesLofLintegrationLmanagementLinvolvesLoverseeingLactivitiesLtoLm
eetLtheLperformanceLobjectivesLofLtheLproject?L-LcorrectLanswer-
developingLaLpreliminaryLprojectLscopeLstatementL--LdirectingLandLmanagingLtheLprojectLexecutionL--
LperformingLintegratedLchangeLcontrolL--LMONITORINGLANDLCONTROLLINGLTHELPROJECTSLWORK




5L________LmanagementLinvolvesLidentifyingLandLmanagingLtheLpointsLofLinteractionLbetweenLvariousLele
mentsLofLtheLproject.L-LcorrectLanswer-configurationL--LINTERFACEL--LintegrationL--scope



6LWhichLofLtheLfollowingLinvolvesLdeterminingLlong-
termLobjectivesLbyLanalyzingLtheLstrengthsLandLweaknessesLofLanLorganization,LstudyingLopportunitiesLand
LthreatsLinLtheLbusinessLenvironment,LpredictingLfutureLtrends,LandLprojectingLtheLneedLforLnewLproductsLa

ndLservices?L-LcorrectLanswer-projectLplanningL--LconfigurationLmanagementL--LSTRATEGICLPLANNING--
ProjectLintegrationLmanagement



7LAfterLidentifyingLstrategicLgoals,LtheLnextLstepLinLtheLplanningLprocessLforLselectingLinformationLtechnolo
gyLprojectsLisLtoLperformLaL________.L-LcorrectLanswer-swotLanalysisL--LnetLpresentLvalueLanalysisL--
LhisLstakeholderLanalysisL--BUSINESSLAREALANALYSIS

, 8LOneLmethodLforLselectingLprojectsLbasedLonLbroadLorganizationalLneedsLisLtoLdetermineLwhetherLtheyLfir
stLmeetLthreeLimportantLcriteria:Lneed,L________,LandLwill.L-LcorrectLanswer-costsL--LqualityL--LscheduleL--
LFUNDING




9LItLisLoftenLeasierLtoLgetLapprovalLandLfundingLforLprojectsLthatLaddressL________LbecauseLtheLorganizatio
nLmustLrespondLtoLtheseLcategoriesLofLprojectsLtoLavoidLhurtingLtheirLbusiness.L-LcorrectLanswer-
problemsLopportunityL--LopportunitiesLorLdirectives--LPROBLEMSLORLDIRECTIVES--
Lproblems,Lopportunities,LandLdirectives




10LAnLorganizationLshouldLconsiderLonlyLprojectsLwithLaLpositiveL________LifLfinancialLvalueLisLaLkeyLcriterio
nLforLprojectLselection.L-LcorrectLanswer-paybackLanalysis--LcostLofLcapitalL--LNETLPRESENTLVALUE--
cashLflow



11LWhichLofLtheLfollowingLdescribesLbenefitsLminusLcostsLorLincomeLminusLexpenses?L-LcorrectLanswer-
paybackLanalysis--LcostLofLcapitalL--LnetLpresentLvalueL--CASHLFLOW



12LWhichLofLtheLfollowingLisLalsoLcalledLtheLcapitalizationLrateLorLopportunityLcostLofLcapital?L-
LcorrectLanswer-cashLflowL--LnetLpresentLvalueL--LDISCOUNTLRATE--LdiscountLfactor




13LInLnetLpresentLvalueL(NPV)Lanalysis,LtheL________LisLaLmultiplierLforLeachLyearLbasedLonLtheLdiscountLrat
eLandLyear.L-LcorrectLanswer-costLofLcapitalL--LDISCOUNTLFACTOR--LcashLflow--LdiscountLrate



14L________LisLtheLresultLofLsubtractingLtheLprojectLcostsLfromLtheLbenefitsLandLthenLdividingLbyLtheLcosts.L
-LcorrectLanswer-netLpresentLvalueL--LRETURNLONLINVESTMENT--LrequiredLrateLofLreturnL--
LinternalLrateLofLreturn




15LYouLcanLdetermineLaLproject'sL________LbyLfindingLwhatLdiscountLrateLresultsLinLanLNPVLofLzeroLforLtheL
project.L-LcorrectLanswer-netLpresentLvalueL--LreturnLonLinvestmentL--LrequiredLrateLofLreturnL--
LINTERNALLRATELOFLRETURN




16LAL________LisLaLtoolLthatLprovidesLaLsystematicLprocessLforLselectingLprojectsLbasedLonLmanyLcriteria.LT
heseLcriteriaLcanLincludeLfactorsLsuchLasLmeetingLbroadLorganizationalLneedLorLaddressingLproblems,Loppo
rtunities,LorLdirectives.L-LcorrectLanswer-WEIRHTEDLSCORINGLMODELL--LdiscountLrateL--
LbalancedLscorecardL--changeLcontrolLboard