INF 337 Week 1 Quiz | Assignment Help | Ashford University

INF 337 Week 1 Quiz | Assignment Help | Ashford University 


Question 1

Specification changes and the term ‘scope creep’ are basically the same.

o   True

o   False

 

Question 2

In which phase of the project has the highest potential for errors in estimates?

o   None of the above

o   Production

o   Development

o   Feasibility

 

Question 3

The London Millennium Dome was a fabulous success of project spend and cost estimating.

o   True

o   False

 

Question 4

Without reasonable cost estimation, project budgets are essentially useless.

o   True

o   False

 

Question 5

In which phase of the project is the project spend the lowest?

o   None of the above

o   Production

o   Development

o   Feasibility

 

Question 6

A recent study shows that only 23 percent of IT project fail to meet their financial goals.

o   True

o   False

 

Question 7

Low initial cost estimates are one of the reasons why cost overruns happen so often.

o   True

o   False

 

Question 8

Bottoms up budgeting does not need the WBS identified to be successful.

o   True

o   False

 

Question 9

Cost estimates provide the chief means for assessing project feasibility.

 

o   True

o   False

 

Question 10

Specification changes and the term ‘scope creep’ are not the same.

o   True

o   False

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