Inf3708 Exam Pack 2023 - Distinction Guaranteed

A payroll system is: {Ans: An information system that is application specific.}Which of the following is taken into consideration by the Net Present Value? {Ans: Cash flow timing, discount rate and net profit}Software Project Management scope normally comprises the following: a. Project Feasibility b. Project Initiation c. Project Planning d. Project Execution e. Project Control f. Project Termination Which of the above combination is correct for Project Management scope? {Ans: a, b, c, d, e, and f.}Similarities between General Project Management and Software Project Management in terms of the fundamental concepts include: i. Scope ii. Time and deadlines iii. Cost / budget iv. Human resources v. Quality control vi. Communication vii. Setting and meeting objectives viii. Requires a feasability study and planning Which of the above combination is true? {Ans: All the eight statements are true.}Within the Project Execution activity, project management scope certainly also encompasses the systems development life cycle as follows: i. Systems Planning ii. Systems/Requirements Analysis iii. Systems Design iv. Systems Implementation v. Systems Maintenance and Support Which of the above statement(s) is/are true? {Ans: i, ii, iii, iv, and v.}__________is a project evaluation technique that takes into account both the profitability