Information Technology Project Management
8th Edition
ISBN: 9781285452340
Author: Kathy Schwalbe
Publisher: Cengage Learning
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Chapter 1, Problem 2QQ
Program Description Answer
Lower cost of capital is not a potential advantage for using good project management.
Hence, the correct option is “C”.
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Which of the following is not a potential advantage of using good project management?a. Shorter development timesb. Higher worker moralec. Lower cost of capitald. Higher profit margins
How do you characterize the four P's of good software project management?Cost Benefit Analysis (CBA) quantifies a program's positive and negative consequences in terms of money. Explain?
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Chapter 1 Solutions
Information Technology Project Management
Ch. 1 - Prob. 1QQCh. 1 - Prob. 2QQCh. 1 - Prob. 3QQCh. 1 - Prob. 4QQCh. 1 - Prob. 5QQCh. 1 - _____ is the application of knowledge, skills,...Ch. 1 - Prob. 7QQCh. 1 - Several application development projects done for...Ch. 1 - Prob. 9QQCh. 1 - Prob. 10QQ
Ch. 1 - Why is there a new or renewed interest in the...Ch. 1 - Prob. 2DQCh. 1 - What is project management? Briefly describe the...Ch. 1 - What is a program? What is a project portfolio?...Ch. 1 - What is the role of the project manager? What are...Ch. 1 - Briefly describe some key events in the history of...Ch. 1 - Prob. 7DQCh. 1 - Discuss ethical decisions that project managers...Ch. 1 - Read at least two of the first five references...Ch. 1 - Prob. 2ECh. 1 - Write a paper summarizing key information...Ch. 1 - Prob. 4ECh. 1 - Prob. 5ECh. 1 - Research articles and tools on project portfolio...Ch. 1 - Prob. 7ECh. 1 - Research information about PMP® and CAPM®...Ch. 1 - Review PMI’s Code of Ethics and Professional...
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Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, computer-science and related others by exploring similar questions and additional content below.Similar questions
- Write a short paper based on the chapters opening case. Answer the following questions: a. What do you think the real problem was in this case? b. Does the case present a realistic scenario? Why or why not? c. Was Nick Carson a good project manager? Why or why not? d. What should top management have done to help Nick? e. What could Nick have done to be a better project manager?arrow_forwardThe ____________ is a key member and the leader of the steering team who plays such a critical role that lack of this essential individual raises the possibility of project failure.arrow_forwardlooking at the impact of management actions, which of the following answers matches best to the following statement: a software team is rarely given the luxury of providing an estimate for a project before delivery dates are established and an overall budget is specified 1. estimation decisions 2. scheduling decisions 3. risk orientation decisions 4. project decisionsarrow_forward
- When calculating the NPV of a project, the time value of money is an important consideration. Is the time worth of money just as essential in low-inflation periods as it is in high-inflation periods? Explain your response.arrow_forwardPlease elucidate the fundamental differences that exist between the two fields of study. Could you please elucidate the commonalities and disparities between project management and software development, for example?arrow_forwardThe time value of money is a key factor to take into account when determining a project's net present value (NPV). Is the time value of money just as important during times of low inflation as it is during times of high inflation? Describe your reaction.arrow_forward
- What are the advantages and cons of employing the waterfall project management methodology? Computer sciencearrow_forwardIn agile project management _______________ is a short cycle of development, the output is a shippable product functionality and its duration is between one to four weeks. a. Phase b. Daily Scrum c. Sprint d. Release is a project performance measurement technique that integrates scope, time, and cost data. a. Earned value analysis b. Reserve analysis c. Project cost budgeting d. Life cycle costing is a quantitative risk analysis tool that is used to analyze various risks to the project by looking at all aspects of the project and their potential impact on the overall goal. a. Sensitivity analysis b. Simulation c. EMV d. Work breakdown structure You are engaged in gathering information from stakeholders to determine whose interests should be taken into account throughout the project. This is called ______________________. a. Plan stakeholder management b.…arrow_forward
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