CIS PM Chapter 4 Quiz – Flashcards

Unlock all answers in this set

Unlock answers
question
Opportunities and directives are essentially the same thing. (T/F)
answer
F
question
An annual discount factor is a multiplier for each year based on the discount rate and year. (T/F)
answer
T
question
Some organizations initiate projects using a contract in place of a project charter. (T/F)
answer
T
question
The number of interfaces in a single project is limited, and does not depend on the number of people involved in the project. (T/F)
answer
F
question
Project integration management must occur just within the context of a particular project. (T/F)
answer
F
question
A Gantt chart is the same as a project management plan. (T/F)
answer
F
question
Information systems can help an organization support a strategy of being a low-cost producer. (T/F)
answer
T
question
The ROI is always positive. (T/F)
answer
F
question
As projects progress, the organization must reevaluate the need, funding, and will for each project to determine if the project should be continued, redefined, or terminated. (T/F)
answer
T
question
Corrective actions reduce the probability of negative consequences associated with project risks, while preventive actions should result in improvements in project performance. (T/F)
answer
F
Get an explanation on any task
Get unstuck with the help of our AI assistant in seconds
New