1 Which of the following project management activities is associated with project initiation?-Estimating resources and creating a detailed resource plan

Describing project scope, alternatives, and feasibility
Establishing a relationship with the customer
Identifying and assessing risks
Closing down the project

2 Developing an understanding of the content and complexity of the project is the purpose of- developing a project charter activity of the project planning phase.

setting a Baseline Project Plan activity of the project planning phase.
determining project standards and procedures activity of the project planning phase.
describing the project scope, alternatives, and feasibility activity of the project planning phase.
closing down the project activity of the project planning phase.

3 The process of dividing the project into manageable tasks and logically ordering them to ensure a smooth evolution between tasks defines-task division.

work breakdown structure.
work structuring.
project division.
critical path scheduling.

4 The third phase of the project management process in which the plans created in the prior phases are put into action is -project planning.

project development.
project initiation.
project execution.
project close down.

5 The final phase of the project management process that focuses on bringing a project to an end is called- project evaluation.

project closedown.
project initiation and planning.
project review.
project implementation.

6 A scheduling technique where the order and duration of the sequence of activities directly affect the completion date of a project refers to- sequencing strategy.

Gantt scheduling.
critical path scheduling.
activity scheduling.
task management.

7 Which of the following is true regarding Gantt chart construction?-Squares are used to represent activities.

To construct the Gantt chart, a horizontal bar is drawn for each activity that reflects its sequence and duration.
To show precedence relationships, arrows are used to connect the nodes.
Arrows are used to reflect the sequence of activities.
Ellipses are used to represent activities.

8 The first phase of the systems development life cycle is -systems planning and selection.

systems study.
systems analysis.
systems design.
systems implementation and operation.

9 The analysis technique that uses a discount rate determined from the company's cost of capital to establish the present value of a project is commonly called- return on investment (ROI).

break-even analysis (BEA).
net present value (NPV).
future value (FV).
Currency Rate Analysis (CRA).

10 A benefit derived from the creation of an information system that can be measured in dollars and with certainty is a(n)- intangible benefit.

qualitative benefit.
tangible benefit.
operational benefit.
profitable benefit.