Choosing a Few Good IT Metrics What is Metrics? ● Metrics is used everywhere in calculating or assessing performance In IT investment, metrics can be used to justify investment during the proposal Metrics can also be used to evaluate IT investment once the project has been completed
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- The ______ 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.As a Project Engineering had been tasked to make an analysis and to recommend to yourcompany on the economic justification on option to purchase a new or 3-year old used truck tobe used for the company's project construction activities as well as providing some rentalbusiness for three years. As the truck is not used for the whole time, 5-days a month it is beingrented out. The new truck having better fuel efficiency and lower maintenance cost. Based onyour data gathering, you have this information derived for the analysis.(Refer to attached image) c) From Life Cycle Cost Analysis, would you choose new lorry or 3-year used truck? What isyour recommendation and why?You have been made project coordinator for an upcoming tourism workshop to be held in the island of Anguilla. Local, regional and international participants will be in attendance. You have invited 25 participants and 12 presenters as part of your planning. In addition, there are several other tasks to be performed: Letters of invitation are to be sent with relevant information. Overall estimates for workshop funding need to be calculated. iii. During the workshop, all attendees and equipment requests will be documented for reporting purposes and also to be used for future analysis when compared with other possible workshops. Final reports will be written to document those persons who attended the workshop as well as to compare the pre- and post-funding estimates. Extra expenses incurred at the workshop are also to be noted. A brief presentation highlighting various aspects of Anguilla’s culture and island is to be made to all participants at the…
- You have been made project coordinator for an upcoming tourism workshop to be held in the island of Anguilla. Local, regional and international participants will be in attendance. You have invited 25 participants and 12 presenters as part of your planning. In addition, there are several other tasks to be performed: i. Letters of invitation are to be sent with relevant information. ii. Overall estimates for workshop funding need to be calculated. iii. During the workshop, all attendees and equipment requests will be documented for reporting purposes and also to be used for future analysis when compared with other possible workshops. iv. Final reports will be written to document those persons who attended the workshop as well as to compare the pre- and post-funding estimates. v. Extra expenses incurred at the workshop are also to be noted. vi. A brief presentation highlighting various aspects of Anguilla’s culture and island is to be made to all participants at the beginning of the…You have been made project coordinator for an upcoming tourism workshop to be held in the island of Anguilla. Local, regional and international participants will be in attendance. You have invited 25 participants and 12 presenters as part of your planning. In addition, there are several other tasks to be performed: Letters of invitation are to be sent with relevant information. Overall estimates for workshop funding need to be calculated. During the workshop, all attendees and equipment requests will be documented for reporting purposes and also to be used for future analysis when compared with other possible workshops. Final reports will be written to document those persons who attended the workshop as well as to compare the pre- and post-funding estimates. Extra expenses incurred at the workshop are also to be noted. A brief presentation highlighting various aspects of Anguilla’s culture and island is to be made to all participants at the beginning of the workshop as a part of the…10 Which of the following is a classic organizational structure? A Functional B Projectized C Composite D Matrix 11 Defining a new project or a new phase of an existing project relates to A Initiating process. B. Planning process C Scope management process D. Control process 12 If you are developing a Project Management Plan, how should you determine the level of detail to be included in the plan? A Always only provide a summary or high level plan B Include only the details your manager specifically requested C Always provide the maximum level of detail possible D. Provide the level of detail based on the project complexity and application area 13 Midway through a project, a project manager determined that the project was running way behind schedule. If the project manager needs to shorten the project schedule, without changing the project scope, which of the following schedule compression techniques could be applied? A. Crashing B. Reserve Analysis C. Forecasting D. Last Tracking 14.…
- What does the project life cycle define?In the IT Project Management, which event will have zero duration? a. Milestone b. Identifier c. Attribute d. Deliverable _____ is the project planned organized date for starting the activities. a. Baseline date b. Progress date c. Actual date d. Early finished dateA project life cycle is the series of phases that a project passes through from its start to its completion. It provides the basic framework for managing the project. Explain the various predictive and adaptive project life cycles
- Which answer is correct for Waterfall SDCL methodology. 1. Waterfall SDLC focuses on deadlines and documentation. Il. Project is completely dependent on project team with minimum clientinterventionIll. Suitable for the projects where requirements are changed frequently.IV. No working software is produced until late during the life cycle. A.I and II B.I and III C.III and IV D.I , II and IVWhich of the following best describes the Iron Triangle in project management? It is a framework that helps to manage the expectations of stakeholders in a project. O It is a model that shows the interdependent variables of scope, quality, and resources in a project. It is a project management tool that is used to track progress and identify risks in a project. O It is a technique used to optimize the use of resources in a project.Steps that can be taken to crash the project to the shortest time at the lowest cost.