IS Project Management - Sw1

What is IT project management primarily concerned with?

• Managing software development only

• Managing technology-related projects from initiation to closure

• Managing company finances

• Managing human resources

Which phase in IT project management involves defining project goals and objectives?

• Execution

• Initiation

• Planning

• Closure

What is a key deliverable of the planning phase in IT project management?

• Project Charter

• Gantt Chart

• Project Plan

• Final Product

Which methodology is known for its iterative approach and flexibility in IT project management?

• Waterfall

• PRINCE2

• Agile

• Lean

Why is IT project management important for aligning technology with business objectives?

• It focuses solely on technical specifications.

• It ensures that technology initiatives support business goals.

• It prevents all project risks.

• It reduces the need for skilled professionals.

What is one of the main benefits of risk management in IT project management?

• Increasing project cost

• Reducing the likelihood of project failure

• Eliminating the need for a project plan

• Extending the project timeline

How does IT project management help in resource utilization?

• By randomly allocating resources

• By ensuring resources are allocated efficiently

• By avoiding the use of expensive resources

• By prioritizing only financial resources

Which of the following is a key reason why timely delivery is important in IT project management?

• It ensures the project will have the highest cost.

• Delays can lead to missed opportunities.

• It guarantees the highest quality.

• It always prevents changes in project scope.

Who is typically responsible for overseeing the entire project lifecycle?

• Project Sponsor

• Project Manager

• End User

• Supplier

Which stakeholder is most concerned with receiving the final deliverables of the project?

• Project Sponsor

• Project Team Member

• Customer/Client

• Supplier