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Exam (elaborations)

MIS 4310 - CHAPTER 4 QUESTIONS WITH CORRECT ANSWERS 2025

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MIS 4310 - CHAPTER 4 QUESTIONS WITH CORRECT ANSWERS 2025

Institution
Business Finance
Course
Business finance









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Institution
Business finance
Course
Business finance

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Uploaded on
November 11, 2024
Number of pages
11
Written in
2024/2025
Type
Exam (elaborations)
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MIS 4310 - CHAPTER 4 QUESTIONS
WITH CORRECT ANSWERS 2025
78.MListMandMbrieflyMdescribeMtheMsixMmainMprocessesMinvolvedMinMprojectMintegrationMmanagement.M-
McorrectManswer-

1.MDevelopingMtheMprojectMcharterMinvolvesMworkingMwithMstakeholdersMtoMcreateMtheMdocumentMthatMf
ormallyMauthorizesMaMproject—theMcharter.



2.MDevelopingMtheMprojectMmanagementMplanMinvolvesMcoordinatingMallMplanningMeffortsMtoMcreateMaMco
nsistent,McoherentMdocument—theMprojectMmanagementMplan.



3.MDirectingMandMmanagingMprojectMexecutionMinvolvesMcarryingMoutMtheMprojectMmanagementMplanMbyM
performingMtheMactivitiesMincludedMinMit.MTheMoutputsMofMthisMprocessMareMdeliverables,MworkMperforma
nceMinformation,MchangeMrequests,MprojectMmanagementMplanMupdates,MandMprojectMdocumentMupdate
s.



4.MMonitoringMandMcontrollingMprojectMworkMinvolvesMoverseeingMactivitiesMtoMmeetMtheMperformanceMo
bjectivesMofMtheMproject.MTheMoutputsMofMthisMprocessMareMchangeMrequests,MprojectMmanagementMplan
Mupdates,MandMprojectMdocumentMupdates.




5.MPerformingMintegratedMchangeMcontrolMinvolvesMidentifying,Mevaluating,MandMmanagingMchangesMthro
ughoutMtheMprojectMlifeMcycle.MTheMoutputsMofMthisMprocessMincludeMchangeMrequestMstatusMupdates,Mpr
ojectMmanagementMplanMupdates,MandMprojectMdocumentMupdates.



6.MClosingMtheMprojectMorMphaseMinvolvesMfinalizingMallMactivitiesMtoMformallyMcloseMtheMprojectMorMphras
e.MOutputsMofMthisMprocessMincludeMfinalMproduct,Mservice,MorMresultMtransitionMandMorganizationalMproc
essMassetsMupdates.



79.MWhatMareMtheMmethodsMforMcategorizingMinformationMtechnologyMprojects?M-McorrectManswer-
SelectingMprojectsMisMbasedMonMvariousMcategorizations,MsuchMasMtheMimpetusMforMtheMproject,MtheMtime
MwindowMforMtheMproject,MandMtheMgeneralMpriorityMforMtheMproject.




TheMimpetusMforMaMprojectMisMoftenMtheMneedMtoMrespondMtoMaMproblem,ManMopportunity,MorMaMdirectiv
e.MProblemsMareMundesirableMsituationsMthatMpreventManMorganizationMfromMachievingMitsMgoals.MTheseM
problemsMcanMbeMcurrentMorManticipated.MForMexample,MusersMofManMinformationMsystemMmayMbeMhavin
gMtroubleMloggingMontoMtheMsystemMorMgettingMinformationMinMaMtimelyMmannerMbecauseMtheMsystemMh

, asMreachedMitsMcapacity.MInMresponse,MtheMcompanyMcouldMinitiateMaMprojectMtoMenhanceMtheMcurrentMsy
stemMbyMaddingMmoreMaccessMlinesMorMupgradingMtheMhardwareMwithMaMfasterMprocessor,MmoreMmemor
y,MorMmoreMstorageMspace.MOpportunitiesMareMchancesMtoMimproveMtheMorganization.MForMexample,MtheM
projectMdescribedMinMtheMopeningMcaseMinvolvesMcreatingMaMnewMproductMthatMcanMmakeMorMbreakMtheM
entireMcompany.MDirectivesMareMnewMrequirementsMimposedMbyMmanagement,Mgovernment,MorMsomeMe
xternalMinfluence.MForMexample,MmanyMprojectsMinvolvingMmedicalMtechnologiesMmustMmeetMrigorousMgo
vernmentMrequirements.



AnotherMcategorizationMforMinformationMtechnologyMprojectsMisMbasedMonMtheMtimeMitMwillMtakeMtoMcom
pleteMaMprojectMorMtheMdateMbyMwhichMitMmustMbeMdone.MForMexample,MsomeMpotentialMprojectsMmustMb
eMfinishedMwithinMaMspecificMtimeMwindow.MIfMtheyMcannotMbeMfinishedMbyMthisMsetMdate,MtheyMareMnoMlo
ngerMvalidMprojects.MSomeMprojectsMcanMbeMcompletedMveryMquickly—
withinMaMfewMweeks,Mdays,MorMevenMminutes.MManyMorganizationsMhaveManMendMuserMsupportMfunctionM
toMhandleMveryMsmallMprojectsMthatMcanMbeMcompletedMquickly.MEvenMthoughMmanyMinformationMtechno
logyMprojectsMcanMbeMcompletedMquickly,MitMisMstillMimportantMtoMprioritizeMthem.



OrganizationsMcanMprioritizeMinformationMtechnology



80.MWhatMisMaMweightedMscoringMmodel?MHowMisMitMcreated?M-McorrectManswer-
AMweightedMscoringMmodelMisMaMtoolMthatMprovidesMaMsystematicMprocessMforMselectingMprojectsMbasedM
onMmanyMcriteria.MTheseMcriteriaMcanMincludeMfactorsMsuchMasMmeetingMbroadMorganizationalMneeds;Mad
dressingMproblems,Mopportunities,MorMdirectives;MtheMamountMofMtimeMitMwillMtakeMtoMcompleteMtheMpro
ject;MtheMoverallMpriorityMofMtheMproject;MandMprojectedMfinancialMperformanceMofMtheMproject.



TheMfirstMstepMinMcreatingMaMweightedMscoringMmodelMisMtoMidentifyMcriteriaMimportantMtoMtheMprojectMs
electionMprocess.MItMoftenMtakesMtimeMtoMdevelopMandMreachMagreementMonMtheseMcriteria.MHoldingMfaci
litatedMbrainstormingMsessionsMorMusingMgroupwareMtoMexchangeMideasMcanMaidMinMdevelopingMtheseMcri
teria.MSomeMpossibleMcriteriaMforMinformationMtechnologyMprojectsMinclude:



•MSupportsMkeyMbusinessMobjectives

•MHasMstrongMinternalMsponsor

•MHasMstrongMcustomerMsupport

•MUsesMrealisticMlevelMofMtechnology

•MCanMbeMimplementedMinMoneMyearMorMless

•MProvidesMpositiveMNPV

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